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Bradley is leasing a car originally valued at $31,500. The lease is being financed with an interest rate of 7.63% compounded monthly with beginning of

Bradley is leasing a car originally valued at $31,500. The lease is being financed with an interest rate of 7.63% compounded monthly with beginning of month payments of $451. (a) How many payments will Bradley have to make to repay the original value? payment(s) (b) How long, in months, will it take Bradley to pay off the lease? (Hint: In an annuity due, payments are made at the beginning of each period.) month(s)

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