Question
Simone is leasing a car originally valued at $42,200. The lease is being financed with an interest rate of 8.69% compounded monthly with Payments of
Simone is leasing a car originally valued at $42,200. The lease is being financed with an interest rate of 8.69% compounded monthly with Payments of $416 at the beginning of each month. How many payments will Simone have to make repay the original value of the car?
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Legal Aspects Of Trade Finance
Authors: Charles Chatterjee
1st Edition
1857433890, 978-1857433890
