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Question 5 of 9 Amanda was offered two options for a car she was purchasing: Lease option Pay lease amounts of $450 at the beginning
Question 5 of 9 Amanda was offered two options for a car she was purchasing: Lease option Pay lease amounts of $450 at the beginning of every month for 7 years. At the the end of 7 years, purchase the car for $12,500. Buy option Purchase the car immediately for $23,000. Which option should she choose if money is worth 5.90% compounded monthly? (click to select)
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