The MSRP for a BMW 528i is $58,499. The monthly payment on a 48-month lease at 1.9%
Question:
The MSRP for a BMW 528i is $58,499. The monthly payment on a 48-month lease at 1.9% compounded monthly is $697. The residual value at the end of the lease is $21,000. Rounded to the nearest dollar, what down payment was used in the lease calculation?
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