Suppose an H1200 supercomputer has a cost of 150,000 and will have a residual market value of $60,000 in 4 years. The? risk-free interest rate is5.8% APR with monthly compounding. a. What is the? risk-free monthly lease rate for a 4?-yearlease in a perfect? market? b. What would be the monthly payment for a 4?-year$ $150,000 ?risk-free loan to purchase the? H1200?
?Note: Round the monthly interest rate to at least six decimal places.
The present value of the lease payments is
?(Round to the nearest? dollar.)
The? risk-free monthly lease rate for a 4?-year lease in a perfect market is_____
? (Round to the nearest? dollar.)
b. What would be the monthly payment for a 4?-year $150,000 ?risk-free loan to purchase the? H1200?
The monthly payment for the? risk-free loan is
(Round to the nearest? dollar.)