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General Motors advertised three alternatlives for a 17-month lease on a new Tahoe:() zero dollars down and a lease payment of $2.100 month for 17

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General Motors advertised three alternatlives for a 17-month lease on a new Tahoe:() zero dollars down and a lease payment of $2.100 month for 17 months. (2) $6.800 down and $1.850 per month for 17 months, or )$42.500 down and no payments for 17 months Table B1. Iable B2 lable B.3, and Jable R.) Calculate the total present value of lease payments under the three alternatives (assume (Use appropriate factor(s) from the tables provided.) 10 the annual interest rate is 12% compounded monthly). 10% 2,100 6 800 0 1,850

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