Find out the annual lease payment if purchase price is Rs 50,000, implicit interest rate is 12% and the period of lease is 5 years. Find the implicit interest rate if purchase price is Rs 2,00,000,...

Find out the annual lease payment if purchase price is Rs 50,000, implicit interest rate is 12% and the period of lease is 5 years.

Find the implicit interest rate if purchase price is Rs 2,00,000, annual lease payment is Rs 43,431 and lease period is 5 years.