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Compute the interest paid on a 3-year lease for a $28,533 car if the annual rate of depreciation is 13% and the lease's annual interest
Compute the interest paid on a 3-year lease for a $28,533 car if the annual rate of depreciation is 13% and the lease's annual interest rate is 6%.
Round your answer to the nearest dollar.
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Public Finance and Public Policy
Authors: Jonathan Gruber
4th edition
1429278455, 978-1429278454
