you lease it, you need to make a lease payment at the beginning of each year: A 1 Price of car 2 Resale value after 5 years 3 Annual lease payment 4 Number of lease payments 5 Interest rate B 11,000 5,500 1,100 5 10% Part 1 Attempt 1/30 for 10 pts. What is the present value of all lease payments? Enter your answer with a negative sign. 0+ decimals Submit Part 2 IB - Attempt 1/30 for 10 pts. What is the present value of all purchase payments? Enter your answer with a negative sign. 0+ decimals Part 3 B Attempt 1/30 for 10 pts. What is the net advantage to leasing, i.e., the incremental NPV of leasing relative to buying? 0+ decimals Submit