Jennifer is leasing a car from a local auto retailer. the terms of the lease include a 9% interest rate for 36 months with a residual value of 57%. the msrp for the car jennifer is leasing is $17,500. what will jennifer’s monthly lease payment be? a. $93.84 b. $99.75 c. $209.03 d. $312.06

d. $312.06

Step-by-step explanation:

The terms of the lease include a 9% interest rate for 36 months with a residual value of 57%

So, residual value is = = $9,975

The value of the car = = $7,525

Monthly payment = = $209.03

Interest incurred = (17500+9975)\times0.00375= $103.03  

Hence, Jennifer’s monthly lease payment will be =

= $312.06

b. 24 mm

step-by-step explanation:

use the pythagorean theorem.

a^2 + b^2 = c^2

a^2 + 7^2 = 25^2

a^2 + 49 = 625

a^2 = 576

a = 24

answer: b. 24 mm

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: )