Question: You end up leasing $15854.81 for years. Your down payment was 51037. The interest rate is 1.43 compounded monthly. The late payment is monthly and
You end up leasing $15854.81 for years. Your down payment was 51037. The interest rate is 1.43 compounded monthly. The late payment is monthly and dun at the beginning of the month After 3 years, there is residual owing on a teased vehicle you have the option of returning the vehicle after alene term or buy it out. Assume you choose to purchase the vehice after the late and he saved for this opportunity. You pay the 313700 residu plus tax at 13 Assume you drove 53398 km in the years. What was the couper km per year for the case whicie? Hound your answer to two decimal places. Do not enter the dotar sin, Sample input) 4 12 [Hit The down payment has already been taken off. So find the PMT value in the Sile Annuity Due formule use our leased amount. You can show the TV over to find FMT then find the total vow of the monthly comments over the length of the lease le. Take your PMT and mully by the total number of soments you make. And the total vote of your last naments your downsament and the residual value with tax to get the total value of the lose toke this figure and divide it by the oth of your lease in year This will you how expensive it to drive the car for one year. Then find how many in your inner videre we figures, and you can find the cost to drive per kilometer it will probably shock you!) You end up leasing $15854.81 for years. Your down payment was 51037. The interest rate is 1.43 compounded monthly. The late payment is monthly and dun at the beginning of the month After 3 years, there is residual owing on a teased vehicle you have the option of returning the vehicle after alene term or buy it out. Assume you choose to purchase the vehice after the late and he saved for this opportunity. You pay the 313700 residu plus tax at 13 Assume you drove 53398 km in the years. What was the couper km per year for the case whicie? Hound your answer to two decimal places. Do not enter the dotar sin, Sample input) 4 12 [Hit The down payment has already been taken off. So find the PMT value in the Sile Annuity Due formule use our leased amount. You can show the TV over to find FMT then find the total vow of the monthly comments over the length of the lease le. Take your PMT and mully by the total number of soments you make. And the total vote of your last naments your downsament and the residual value with tax to get the total value of the lose toke this figure and divide it by the oth of your lease in year This will you how expensive it to drive the car for one year. Then find how many in your inner videre we figures, and you can find the cost to drive per kilometer it will probably shock you!)
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