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Culligan Ltd. sells its Gold Series water softener for $1700. It also offers a 48 month lease with end of month payments of $34. At

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Culligan Ltd. sells its Gold Series water softener for $1700. It also offers a 48 month lease with end of month payments of $34. At the end of the 48 month term customers have to make a final lump sum 'buy-out' payment. After the buy-out the customer owns their water softener. Culligan advertises its financing rate of 5.9% APR. What buyout makes this a fair deal? A. $293.22 B. $315.65 C. $342.41 D. $249.44

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