Suppose an H1200 supercomputer has a cost of

$450,000

and will have a residual market value of

$157,500

in

66

years. The? risk-free interest rate is

5.8 %

APR with monthly compounding.a. What is the? risk-free monthly lease rate for a

66?-year

lease in a perfect? market?b. What would be the monthly payment for a

66?-year

$450,000

?risk-free loan to purchase the? H1200?

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

a. What is the? risk-free monthly lease rate for a

66?-year

lease in a perfect? market?The present value of the lease payments is

?