1. Given below are lease terms at the local dealership. Terms:
Length of lease = 36 months
MSRP of the car = $22,500
Purchase value of the car after lease = $17,500
Down payment = $1999
Monthly payment = $425
$475 security deposit
$500 acquisition fee
What is the total cash due at signing (including the first monthly payment)?

2. If the lease factor is 0.00045, what monthly payment can you expect on this vehicle?