Question
A car can be purchased by paying $27 000 now or can be leased by paying $725 per month for the next four years, with
A car can be purchased by paying $27 000 now or can be leased by paying $725 per month for the next four years, with the first payment due on the day of signing lease. What nominal rate of interest is charged on the lease?
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Continuous Pseudometrics
Authors: W W Comfort ,S Negrepontis
1st Edition
0824762940, 978-0824762940
