Your landscaping company can lease a truck for $8,000.00 a year for 9 years. It can instead buy the truck for $44,844.45. The truck will be valueless after 9 years. a. What is the present value of the lease payments, If the interest rate your company can earn on its funds is 9.00%. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Present value $ 320,384 b. Is it cheaper to buy or lease? buy lease