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Please show steps! Will rate! Thank you! Suppose the risk-free interest rate is 5.7% APR with monthly compounding. If a $1.8 million MRI machine can

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Please show steps! Will rate! Thank you!

Suppose the risk-free interest rate is 5.7% APR with monthly compounding. If a $1.8 million MRI machine can be leased for 4 years for $36,000 per month, what residual value must the lessor recover to break even in a perfect market with no nsk? Assume that the first payments made immediately so the payments 0CLr at the beginning of each month.)

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