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Purchase price is $33,695. Lease terms are $5,250 up front, plus $559/month for 36 months. Discount rate is 8%. How much will you need to

Purchase price is $33,695.

Lease terms are $5,250 up front, plus $559/month for 36 months.

Discount rate is 8%.

How much will you need to receive when you sell after 36 months to make the purchase a better financial decision than the lease?

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