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show work please thanks! What is the annual implied APR (APR = simple interest only) return for a newly issued monthly auto lease that has
show work please thanks!
What is the annual implied APR (APR = simple interest only) return for a newly issued monthly auto lease that has 27 payments of $355 and just sold in the secondary market for a price of $9,009? 6.31% 6.54% 5.38% 5.80%
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