Please answer the given financial question based on the context.
Context: entergy corporation and subsidiaries notes to financial statements as of december 31 , 2008 , system energy had future minimum lease payments ( reflecting an implicit rate of 5.13% ( 5.13 % ) ) , which are recorded as long-term debt as follows : amount ( in thousands ) .
||amount ( in thousands )|
|2009|$ 47760|
|2010|48569|
|2011|49437|
|2012|49959|
|2013|50546|
|years thereafter|103890|
|total|350161|
|less : amount representing interest|54857|
|present value of net minimum lease payments|$ 295304|
.
Question: what percent lower is the net present than the total payments value of lease payments?


Answer: The answer is:1.18576