You are going to lease a brand new car. The price of the car is $53,000. You intend to make a $4,500 down payment. The term of the lease is 48 months and the lease rate is 6.6% APR. The buyout for the lease is 40% of its purchase price. What are the monthly lease payments after tax? The tax rate is 11%.
rnThe after-tax monthly lease payments are s (Round to the nearest cent as needed) 

Answer rating: 100% (QA)

To calculate the monthly lease payment after tax Net capitalized cost Negotiate... View the full answer