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Car Leasing Problem Car Price = $22,500 Dn Payment = $2,500 Lease Duration = 3 years Leasing Rate = 2.99% Residual Value of Car at
Car Leasing Problem
Car Price = $22,500
Dn Payment = $2,500
Lease Duration = 3 years
Leasing Rate = 2.99%
Residual Value of Car at the end of 3 years = $12,500
Approximate Monthly Payments for this Lease are:
a. | $250.00 | |
b. | 715.00 | |
c. | 320.00 | |
d. | $ 280 |
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