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You are thinking ot leasing a car. The price of the car is $50,000 You have $2.000 for a down payment. The term of the

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You are thinking ot leasing a car. The price of the car is $50,000 You have $2.000 for a down payment. The term of the lease is one year and the interest rate is 4% APR The buyout on the lease is 51% of its purchase price and it is due at the end of the term What are the monthey couso payments (totoro tux?? The monthly lease payments are $ (Round to the newest cent as needed) Suppose your credit card balance is $ 16,000. The minimum payment is $337, and the annual percentage rate is 19.3% a. If you make a constant monthly payment of $337, how long will it take you to pay off the credit card balance? b. How much interest will you pay if you elect to make the minimum payment? a. If you make a constant monthly payment of $337, how long will it take you to pay off the credit card balance? months (Round to four decimal places) b. How much interest will you pay if you elect to make the minimum payment? (Round to the nearest cent) Suppose your credit card balance is $17.000 The minimum payment is $322, and the annual percentage rate is 19.6% a. Il you make a constant monthly payment of $322, how long will it take you to pay off the credit card balance? b. How much interest will you pay if you elect to make the minimum payment? a. If you make a constant monthly payment of $322, how long will it take you to pay off the credit card balance? months (Round to four decimal places) b. How much interest will you pay if you elect to make the minimum payment? (Round to the nearest cent.)

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