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Compare the cost of the following leasing agreement with the finance charge on a loan for the same time period. The price of the car
Compare the cost of the following leasing agreement with the finance charge on a loan for the same time period. The price of the car is $ and its projected residual value at the end of five years is $
Monthly payment
$
Capital cost reduction
$
Disposition charge
$
Other things being equal, one would want to finance this car rather than take this lease if the finance cost were less than
Group of answer choices
$
$
$
$
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