Victoria secured a lease on a machine by paying $1,950 as a down payment and then $500 at the beginning of every month for 5 years. The lease rate was 4.50% compounded monthly. a. What was the principal amount of the lease? $0.00 Round to the nearest cent b. What was the cost of the machine? $0.00 Round to the nearest cent c. What was the amount of interest paid over the term of the lease? $0.00 Round to the nearest cent