Question
Mike leases a new pickup by paying $3200 up front and $259 a month over three years. The lease also stipulates he will be
Mike leases a new pickup by paying $3200 up front and $259 a month over three years. The lease also stipulates he will be charged $0.15 per mile for every mile over 36,000. If he puts 39,928 miles on the truck, what will be the total cost of the lease?
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Advanced Accounting
Authors: Gail Fayerman
1st Canadian Edition
9781118774113, 1118774116, 111803791X, 978-1118037911
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