You have signed a lease to purchase agreement for a car. According to the lease contract, you will make an equal payment at the beginning of each month. The lease principal, at the beginning of the lease is $42,500. The duration of the lease is 5 years and the interest rate is 6% compounding monthly. How much ($) is your monthly payment? Select one: O a $812.50 O b. $798.59 Oc$817.56 O d. $821.64 O e $827.41 Five years ago, you invested $15,200. You either invested the money into an investment offering 6% simple interest per year or 6% interest, compounding annually. Calculate the difference in the value of the investment today between the two alternative investments. Select one: O a $592.50 b. $581.03 O c. $798.79 O d. $657.00 O e. $641.13 Clear my choice You deposited $610,000 into an investment earning a 12.5% return, compounding annually. When you sold your investment you received $1,099,240 in cash. If you wanted to receive $1,600,000 cash from selling your investment, how much longer must you wait? Select one: O a. 2.93 years Ob 3.19 years Oc 3.05 years Od 3.27 years O e. 3.39 years You have just purchased a zero-coupon bond with a face value of $15,000 and 18 years until maturity. The purchase price for the bond was $4,437.96. How much interest revenue for the bond will be reported for the first year? on Select one: O a $263.33 Ob$314.71 O c. $282.72 Od $310.66 O e. $332.40