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homeWork: IVM Homework 5 (leases and loans) Save Score: 0 of 1 pt 4 of 6 (4 complete) HW Score: 50%, 3 of 6 pts

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homeWork: IVM Homework 5 (leases and loans) Save Score: 0 of 1 pt 4 of 6 (4 complete) HW Score: 50%, 3 of 6 pts Help Problem 4.LO4.3 (similar to) Question Help You are going to lease a brand new car. The price of the car is $59,000. You intend to make a $3,000 down payment. The term of the lease is 36 months and the lease rate is 6.8% APR. The buyout for the lease is 40% of its purchase price. What are the monthly lease payments after tax? The tax rate is 11% The after-tax monthly lease payments are s (Round to the nearest cent as needed) UT. Cut) Question Help You are thinking of teasing a car. The price of the car is $55,000 You have $5,000 for a down payment. The term of the lease is two years and the interest rate is 4% APR. The buyout on the lease is 51% of its purchase price and it is due at the end of the term What are the monthly lease payments (before tax)? The monthly lease payments are so (Round to the nearest cent as needed.) You are thinking of leasing a car. The price of the car is $50,000. You have $4,000 for a down payment. The term of the lease is two years and the interest rate is 3% APR. The buyout on the lease is 51% of its purchase price and it is due at the end of the term What are the monthly tease payments (before tax)? The monthly lease payments are (Round to the nearest cent as needed)

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