M4LE2 Hand-In Assignment Instructions: Please show as much work as possible to clearly show the steps you used to find the solution. If you plan to use an on-line loan calculator or spreadsheet, please be sure to clearly indicate your strategy. An SUV sells for $34 200 and can be leased for $348.00 per month plus taxes for a 48month lease. A down payment of $3500 is required and the residual value of the SUV at the end of the lease is $16 495.00. At the end of the lease, the vehicle will be purchased for the residual value plus taxes. This amount will be financed for three years at 4%. a) Calculate the total cost of the lease. b) Calculate the total cost to finance the residual value of the vehicle. c) What is the total amount paid to lease and then purchase the SUV? Make sure you have saved your work for each questlon and suhmlt your le when you are ready. Save it as \"M4LE2_assign_username.docx". Attach your work to the assignment