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Jaquar advertises a 48 month lease for the E-Type with monthly payments of only $869.11. The price of the car is $61100. Jaquar Financial Services

Jaquar advertises a 48 month lease for the E-Type with monthly payments of only $869.11. The price of the car is $61100. Jaquar Financial Services charges 4.40% (APR) on the lease. How much of the second payment repays principal? (Ignore taxes.) Round your answer to two decimal

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