Discount Cash Flows (DCF) at 10% compounded annually and determine if it is cheaper to Buy or Lease the identical car if the costs are as follows: a Cost of buying today is $30,000 and you receive a...

Discount Cash Flows (DCF) at 10% compounded annually and determine if it is cheaper to Buy or Lease the identical car if the costs are as follows:

a Cost of buying today is $30,000 and you receive a residual value of $5,000 in 5 years from today.

b Lease the car for $575.00 beginning of the month payments for 5 years, but you must return the car after 5 years.