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I need help with this question please! thank you! Using the following information, what is the cost to lease a car? - Security deposit $250
I need help with this question please! thank you!
Using the following information, what is the cost to lease a car? - Security deposit $250 - Monthly lease payment (\$300 per month for a 4-year lease) - Opportunity cost of down payment ( $250 loan period (in years) 2% interest) - End-of-lease charges $800 Select one: a. $13,620 b. $15,470 c. $14,400 d. $14,670 Step by Step Solution
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