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A new Mustang EcoBoost Fastback sells for $27,980, and has a residual value of $10,617 in 4 years. Interest is 2.13% compounded monthly. (Do not

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A new Mustang EcoBoost Fastback sells for $27,980, and has a residual value of $10,617 in 4 years. Interest is 2.13% compounded monthly. (Do not forget to include 13% HST appropriately). 1. What are the monthly finance payments for a 4 year term? 2. What are the monthly lease payments for a 4 year term? A new Mustang EcoBoost Fastback sells for $27.980, and has a residual value of $10,617 in 4 years. Interest is 2.13% compounded monthly. (Do not forget to include 13% HST appropriately). 1. What are the monthly finance payments for a 4 year term? 2. What are the monthly lease payments for a 4 year term? DSP Format BIU 1. Monthly Finance 2. Monthly Lease Payments Payments PMT Setting E30 Previous Page Next Page Page 6 of 7 HNG 5 77 8 9 o K ni B N. M . A new Mustang EcoBoost Fastback sells for $27,980, and has a residual value of $10,617 in 4 years. Interest is 2.13% compounded monthly. (Do not forget to include 13% HST appropriately). 1. What are the monthly finance payments for a 4 year term? 2. What are the monthly lease payments for a 4 year term? A new Mustang EcoBoost Fastback sells for $27.980, and has a residual value of $10,617 in 4 years. Interest is 2.13% compounded monthly. (Do not forget to include 13% HST appropriately). 1. What are the monthly finance payments for a 4 year term? 2. What are the monthly lease payments for a 4 year term? DSP Format BIU 1. Monthly Finance 2. Monthly Lease Payments Payments PMT Setting E30 Previous Page Next Page Page 6 of 7 HNG 5 77 8 9 o K ni B N. M

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