Question: Solve the problems below using your HP-12c. Write down the calculator keystrokes, and clearly identify your answers. Answers alone will not receive full credit. 1.

Solve the problems below using your HP-12c. Write down the calculator keystrokes, and clearly identify your answers. Answers alone will not receive full credit. 1. A prospective tenant is evaluating a fixed 5-year lease that would be paid at the beginning of each month. Assuming an annual 3% discount rate (compounded monthly), what is the maximum monthly lease payment amount the tenant can afford if the tenant's total lease budget today for the 5-year period is $125,000

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