You are pleased to see that you have been given a 5. 19% raise this year. However, you read on the Wall Street Journal Web site that inflation over the past year has been 2.92%. How much better off are you in terms of real purchasing power? (Note: Be careful not to round any intermediate steps less than six decimal places.) Your real purchasing power is %. (Round to two decimal places.) You are thinking about leasing a car. The purchase price of the car is $29,000. The residual value (the amount you could pay to keep the car at the end of the lease) is $15,000 at the end of 36 months. Assume the first lease payment is due one month after you get the car. The interest rate implicit in the lease is 5% APR, compounded monthly. What will be your lease payments for a 36-month lease? (Note: Be careful not to round any intermediate steps less than six decimal places.) C. Your monthly lease payments will be $ (Round to the nearest cent.)