Treadway is really having fun getting stuff cheap and wants to buy his brother-in-law a car for

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Treadway is really having fun "getting stuff cheap" and wants to buy his brother-in-law a car for "company sales" that costs \($22,765.\) The lease would be for a standard 36 months with a residual value of 50% cost (\($11,382).\) If the interest rate is 12% compounded monthly, what is the monthly payment going to be?

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