acme need a new $20,500 copier machine and must decide whether to lease or buy it. It the company buys the copier, they expect to sell it for $5100 in 5 years. the bank has offered a 5-yaer amortizing loan of $20,500 at 8.05% compounded monthly. Loan payment will be due at the end of each month. If Acme lease payments will be paid at the begging of each month and the copier returned to the lessor at the end of five years. Calculate the monthly lease payment that would make the lease equivalent to the loan. Note ignore the taxes