Question
MAZDA is offering you a lease on its new CX5 2019 model priced at $25,750, with lease payments of $359 at the start of each
MAZDA is offering you a lease on its new CX5 2019 model priced at $25,750,
with lease payments of $359 at the start of each month for 36 months
with no down payment and an option to buy the vehicle at $15,000 after the lease period.
The lease financing is at 3% APR.
How much would you have paid ----------------- ? during the lease.
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Analysis for Financial Management
Authors: Robert C. Higgins
12th edition
1259918963, 9781260140729 , 978-1259918964
