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Alexis just purchased a new vehicle. Her lease is for 4 years, at an interest rate of 2.5% compounded monthly. Her payments are $528.42 due
Alexis just purchased a new vehicle. Her lease is for 4 years, at an interest rate of 2.5% compounded monthly. Her payments are $528.42 due at the beginning of every month. If she paid a down payment of $7,500 and the residual value at the end of the lease is $17,500. What was the selling price (MSRP) of the vehicle? Round your final answer to the nearest dollar. 1/4 Ply ClY N PV PMT FV Mode The selling price of the vehicle is
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