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Patrick was offered two options for a car he was purchasing: Lease option Pay lease amounts of $400 at the beginning of every month for

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Patrick was offered two options for a car he was purchasing: Lease option Pay lease amounts of $400 at the beginning of every month for 6 years. At the the end of 6 years, purchase the-car for $11,500. Buy option Purchase the car immediately for $24,000. Which option should he choose if money is worth 5.90% compounded monthly

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