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POINTS AUFEXC4 11.3.502.XP. MY NOTES ASK YOUR TEACHER calculator for this exercise, ose you obtain a live-year lease for a Porsche and negotiate a selling
POINTS AUFEXC4 11.3.502.XP. MY NOTES ASK YOUR TEACHER calculator for this exercise, ose you obtain a live-year lease for a Porsche and negotiate a selling price of $178,000. The annual interest rate is 8.4%, the residual value is $79,000, and you make a down payment of $7000 each of the following. (a) The net capitalized cost (b) The money factor (rounded to four decimal places) (c) The average monthly finance charge (rounded to the nearest cent) (d) The average monthly depreciation (rounded to the nearest cent) (e) The monthly lease payment (rounded to the nearest cent) d Help? Redakteuer MY NOTES ASK YOUR TEACHE POINTS AUFEXC4 11.3.502.XP. MY NOTES ASK YOUR TEACHER calculator for this exercise, ose you obtain a live-year lease for a Porsche and negotiate a selling price of $178,000. The annual interest rate is 8.4%, the residual value is $79,000, and you make a down payment of $7000 each of the following. (a) The net capitalized cost (b) The money factor (rounded to four decimal places) (c) The average monthly finance charge (rounded to the nearest cent) (d) The average monthly depreciation (rounded to the nearest cent) (e) The monthly lease payment (rounded to the nearest cent) d Help? Redakteuer MY NOTES ASK YOUR TEACHE
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