Calculate the monthly lease payment for a 36-month lease on a car with a $29,000 MSRP, a 79% residual value, and a money factor of 0.00365.
a.
$358.64
b.
$128.08
c.
$169.17
d.
$105.85

Solution:

Given that,

MSRP of car = $29,000

Percentage of residual = 79% =

Find residual value

Find the depreciation amount

Depreciation amount = cost - residual value

Depreciation amount =  29000 - 22910 = 6090

Find Base monthly lease payment

Find Interest per month

Find monthly lease payment

Monthly lease payment = Base monthly lease payment + Interest per month

Monthly lease payment = 169.1667 + 189.4715 = 358.6382

Thus monthly lease payment is $ 358.64

Option A is correct

358.64

Step-by-step explanation:

just took the test on edge. Hope this helps❤️

x equals 1

step-by-step explanation:

f(4)=f(×)

x=1

g(x) = 3*(8(3^(x−2))+2)

g(x) = 24 (3^(x-2) )+6

the factor is 2

step-by-step explanation:

let f(x)=8(3^(x−2)+2)

to stretch a graph by 3, it would be 3f(x)

g(x) =3f(x)

g(x) = 3*(8(3^(x−2))+2)

g(x) = 24 (3^(x-2) )+6

x     −2     0     2     4     6

f(x) 1/64 1/16   1/4     1     4

1/64 * z * z = 1/16

i multiplies by z twice because it its 2 steps from -2 to 0

1/64 z^2 = 1/16

multiply by 64 to clear the fraction on the left side

1/4 * 64 z^2 =1/16 *64

z^2 = 4

take the square root of each side

sqrt(z^2) = ±sqrt(4)

z = ±2  

we are multiplying by 2 each time.