Hansel & Gretel would like to lease a $56,000 car. If they make a $2,500 down payment, the dealer will give them a 48-month lease at 7.9% APR and they can buy the car out at the end of the lease for 51% of its purchase price. If equal lease payments are to be made at the beginning of each month, what are the payments?

Looking for the process work to find the solution of $790.50.

B) $788.12 *$790.50 $792.46 $795.71 $796.85 D)