Please show your work.

1. Brian fordo has decided he would like ro negotiate on a car loan with a $32000 sticker price. If the dealer's cost on this car is 15% lower than the sticker's price, Brian should be able to negotiate a price somewhat higher than what price.

2. Compare the cost of the following leasing agreement witj the finance charge on a loan for the same period. The price of the car is $13000 and his projected residual value at the end of 4 years is $3000.

Monthly pmt.$250.

Capital cost reduction.$ 1000.

Deposition Charge. $ 200

Other things equal. One would want to finance this car rather than take this lease if the finance costs were less than what amount?

3. Maxwell wants to rent an appartment that has monthly pmts of $850 and requires a security deposit of $400. In order to move in, Maxwell will be req. To pay what amount?