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6 Exercise 10-19C Analyzing lease options LO C3 General Motors advertised three alternatives for a 16-month lease on a new Tahoe: (1) zero dollars down
6 Exercise 10-19C Analyzing lease options LO C3 General Motors advertised three alternatives for a 16-month lease on a new Tahoe: (1) zero dollars down and a lease payment of $2,050 per month for 16 months, (2) $6,700 down and $1,800 per month for 16 months, or (3) $42,000 down and no payments for 16 months. Table B.1, Table B.2, Table B.3, and Table B.4) (Use appropriate factor(s) from the tables provided.) points Skipped Calculate the total present value of lease payments under the three alternatives (assume the annual interest rate is 12% compounded monthly). eBook Hint tion 1 Down Payment Monthly Payments Total Present Value Table Value Amount Present Value 1.0000 Print tion 2 Down Payment Monthly Payments Total Present Value Optien 3 Down Payment Total Present Value Table Value Amount Present Value References Table Value Amount Present Value
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