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A Ford F150 is on a 60-month lease at 5.99% compounded annually. Monthly payments are $397.95, and a $5,000 down payment was made. The residual

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A Ford F150 is on a 60-month lease at 5.99% compounded annually. Monthly payments are $397.95, and a $5,000 down payment was made. The residual value is $5182. What was the purchase price of the truck? Select the closest answer choice. Select one: O a $31642.36 Ob. $29642.36 Oc. $28642.36 Od $30642.36 Check

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