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Round dollar amounts to TWO decimal places. John leases a car with a contract that requires start-of-month payments of $312.25 for 2.5 years at 4.72%
Round dollar amounts to TWO decimal places. John leases a car with a contract that requires start-of-month payments of $312.25 for 2.5 years at 4.72% compounded monthly. a) What is the price of the car if the residual value is $18.134 at the end of the lease? ModePV=FV=AN=AA b) How much will John pay in total for leasing the car (without the residual value)? Total paid =
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