You are considering purchasing a new automobile with the upfront cost of $45,000 or leasing it from the dealer for a period of 60 months. The dealer offers you 2.50% APR financing for 60 months (with payments made at the end of the month). Assuming you finance the entire $45,000 through the dealer, your monthly payments will be closest to $523.99 $693.83 $798.63 $636.71