Question: Treadway is really having fun get-ting stuff cheap and wants to buy his brother-in-law a car for company sales that costs $22,765. The lease would

Treadway is really having fun get-ting stuff cheap and wants to buy his brother-in-law a car for company sales that costs $22,765. The lease would be for a standard 36months with a residual value of 50%cost ($11,382). If the interest rate is12% compounded monthly, what is the monthly payment going to be?

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