q$=18.$ Please provide the solutions.

'iSO.OOO 'osn is ' n .0 qm S. Calculate the annual instalment and tho total cost of a fixed instalment plan. 2. The annual irritalrnent of fixed instiment S Years leasing contract the same as that calculated above (Subiect i), The interest rate is also the as above Ihe down payment is 40%, the residua' value is and the management fee r, 1% flat (Of the total value). Calculate the total value Of the contract and the cost of finance.