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Morgan secured a 3-year car lease at 5.60% compounded annually that required him to make payments of $888.35 at the beginning of each month. Calculate

Morgan secured a 3-year car lease at 5.60% compounded annually that required him to make payments of $888.35 at the beginning of each month. Calculate the cost of the car if he made a downpayment of $2,250.

Round to the nearest cent

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