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- Lease option: Pay lease amounts of $550 at the beginning of every month for 4 years. At the the end of 4 years, purchase

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- Lease option: Pay lease amounts of $550 at the beginning of every month for 4 years. At the the end of 4 years, purchase the car for $10,500. - Buy option: Purchase the car immediately for $29,000. The money is worth 6.80% compounded monthly. a. What is the Discounted Cash Flow (DCF) for the lease option? Round to the nearest cent - Lease option: Pay lease amounts of $550 at the beginning of every month for 4 years. At the the end of 4 years, purchase the car for $10,500. - Buy option: Purchase the car immediately for $29,000. The money is worth 6.80% compounded monthly. a. What is the Discounted Cash Flow (DCF) for the lease option? Round to the nearest cent

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