Your firm, New Sunrise, has just leased a $32,089 BMW for you. The lease requires eight beginning of the year payments that will fully amortize the cost of the car. How much are the payments if the interest rate is 12 percent? (If there is no clear information, make P/YR=1).

This is an annuity due problem, so make sure you shift, "BEG/END", make "BEGIN" show

a. 3,589.632

b. 4,752.369

c. 5,767.506

d. 6,785.321