The purchase price of a car is ($ 23,500). Its residual price is ($ 11,750). What is

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The purchase price of a car is $\$ 23,500$. Its residual price is $\$ 11,750$. What is its monthly depreciation for a 36-month lease?

Find the monthly depreciation of the car.

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Contemporary Mathematics

ISBN: 9781711470559

1st Edition

Authors: OpenStax

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Question Posted: May 30, 2024 09:00 AM

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The purchase price of a car is ($ 23,500). Its residual price is ($ 11,750). What is

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Contemporary Mathematics

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