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Car lease: Q1-3 Following the car installment plan, the car would be brought now at $30000, and sold in three years at 20,000 . Estimate
Car lease: Q1-3 Following the car installment plan, the car would be brought now at $30000, and sold in three years at 20,000 . Estimate the loss in value as measured by the difference in their present values. This is the net cost of purchasing and reselling the car. Compare the cost with leasing, should you buy or lease? Lease Buy Car lease: Q1-3 Following the car installment plan, the car would be brought now at $30000, and sold in three years at 20,000 . Estimate the loss in value as measured by the difference in their present values. This is the net cost of purchasing and reselling the car. Compare the cost with leasing, should you buy or lease? Lease Buy
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