Question
Erica secured a 4-year car lease at 6.20% compounded annually that required her to make payments of $881.55 at the beginning of each month. Calculate
Erica secured a 4-year car lease at 6.20% compounded annually that required her to make payments of $881.55 at the beginning of each month. Calculate the cost of the car if she made a downpayment of $1,750.
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Finance With Monte Carlo
Authors: Ronald W. Shonkwiler
2013th Edition
146148510X, 978-1461485100
