Question: How do you solve? i dont understand where to even begin Suppose you decide to obtain a four-year lease for a car and negotiate a

How do you solve? i dont understand where to even begin

Suppose you decide to obtain a four-year lease for a car and negotiate a selling price of $32,700. The trade-in value of your old car is $3750. If you make a down payment of $2400, the money factor is 0.0029, and the residual value is $15,000, find each of the following. (Round your answers to the nearest cent.)

(a) The net capitalized cost

$ ______

(b) The average monthly finance charge

$ ______

$ _____

(d) The monthly lease payment

$ ______

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