Use a calculator for this exercise. Suppose you decide to obtain a four-year lease for a car and negotiate a selling price of $31,800. The trade-in value of your old car is $3450. If you make a down payment of $2300, the money factor is 0.0022, and the residual value is $14,000, find each of the following. (Round your answers to the nearest cent.) (a) The net capitalized cost $ (b) The average monthly finance charge (c) The average monthly depreciation $| (d) The monthly lease payment Submit Answer

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