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Cody purchased a car using a 4 - year car lease at 4 . 2 0 % compounded quarterly that required him to make payments

Cody purchased a car using a 4-year car lease at 4.20% compounded quarterly that required him to make payments of $553 at the beginning of each month. Calculate the cost of the car if he made a down payment of $3,750.
Round to the nearest cent

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