How would the net advantage to leasing be affected for the lessee if the payments came at the end of each period instead of at the beginning?

If lease payments are made at the end of each period instead of at the beginning, the net advantage to leasing for the lessee would generally decrease. This is because the present value of the lease payments would be higher when payments are made at the end, as the lessee would lose the time value of money benefits associated with earlier payments. Consequently, the overall cost of leasing would increase, reducing the financial advantage compared to other financing options.