You are thinking of leasing a Honda Odyssey. The price of the Honda Odyssey is $69.360You have $4,300 for a down payment. The term of the lease is Three years, and the interest rate is 8.09% compounded Biweekly. The buyout on the lease is 82% of its purchase pricejnote, this is the price before the down payment is subtracted) and it is due at the end of the term if the customer wishes to keep the vehicle. What is the Residual Value in dollars? (Do not round intermediate calculations and round your final answer to 2 decimal places.) What is the Present Value? (Do not round intermediate calculations and round your final answer to 2 decimal places.) What are the Semi-Monthly lease payments? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

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Surehere are the calculations for leasing a Honda Odyssey based on the information you provided Resi... View the full answer