Quantitative Finance

Marisa leases a car that has a purchase price of $61,500 with an MSRP of $64,950 and decides to lease the car for 36 months. Find the monthly lease payment (in dollars) if the annual interest rate is 7.5%, the trade-in of her car was $25,000, she makes a $3,000 down payment, the residual value is 45% of the MSRP. Include a sales tax of 6.25%. (Round your answer to the nearest cent.) EB

1: Statement of Cash Flows Group Assignment DUE: Friday, October 14th by 5:00 pm. Finance 505- Fall 2022 Please work in your assigned teams to complete the following project. You need only submit one project per team but please make sure all group member names are listed. Please submit by uploading to Canvas. Imagine you are an analyst and have been provided the following balance sheet information for the prior two years.