The answer is around 48.40
Answer:
10. 7
11. 4
12. 8
13. 7
14. 2
15. 3
16. 11
17. 9
18. 8
Step-by-step explanation:
Answer:
Look down below
Step-by-step explanation:
A.)Net capitalized cost=146,000-3000= $143,000
Net capitalized cost = 143,000
B.)Money factor=8.4/100 over 24=0.084/24=0.0035
Money Factor= 0.0035
C.)Average monthly finance charge= (143,000+75,000)x 0.0035= 218,000 x 0.0035=$763
Average Monthly Finance Charge= $763
D.)Average monthly depreciation= 143,000-75000/5 x 12=68000/60=$1133.33
Average monthly deprecation= $1133.33
E.)monthly lease payment=1133.33/5= $226.66
Monthly lease payment= $226.66
