Alexis just purchased a new vehicle. Her lease is for 4 years, at an interest rate of 2% compounded monthly. Her payments are $949.63 due at the beginning of every month if she paid a down payment of...

Extracted text: Alexis just purchased a new vehicle. Her lease is for 4 years, at an interest rate of 2% compounded monthly. Her payments are $949.63 due at the beginning of every month if she paid a down payment of $7,500 and the residual value at the end of the lease is $17,500. What was the selling prica (MSRP) of the vehicle? Round your final answer to the nearest dollar. P/Y PV FV N PMT