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Suppose an H1200 supercomputer has a cost of 300,000 and will have a residual marked value of 45,000 in 7 years. The risk-free interest rate

Suppose an H1200 supercomputer has a cost of 300,000 and will have a residual marked value of 45,000 in 7 years. The risk-free interest rate is 6.2% APR with monthly compounding.

A. What is the risk-free monthly lease rate for a 7-year lease in a perfect market?

B. What would be the monthly payment for a 7-year $300,000 risk-free loan to purchase the H1200?

Note: Round the monthly interest rate to at least six decimal places

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