23 Question 2 of 7 ) ) -) Donald leases a new car by making a down payment of $2,900 and beginning of month payments of $280 for four years. If the lease amount of the car is $26,700 and Donald could buy the car for $14,00 at the end of the lease, what is the effective rate of interest of the car lease? Express the effective rate as a percentage to 3 decimal places. NOTE: Make PV positive . ) Full solutions should be shown on separate sheets of paper. Submit your solutions. In addition, include the appropriate entries to solve this question using the TVM Solver as shown below. D. P/Y CNY z 1/ PV PMT FV > Question 207 NOTE: Make PV positive Full solutions should be shown on separate sheets of paper. Submit your solutions. In addition, include the appropriate entries to solve this question using the TVM Solver as shown below. PAY CNY N I/Y PV PMT FV V BGN/END (click to select) Enter "CPT" for the value that needs to be computed. Effective Rate