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Suppose you decide to obtain a four-year lease for a car and negotiate a selling price of $33,900. The trade-in value of your old car

Suppose you decide to obtain a four-year lease for a car and negotiate a selling price of $33,900. The trade-in value of your old car is $3150. If you make a down payment of $2100, the money factor is 0.0024, and the residual value is $14,000, find each of the following. (a) The net capitalized cost (b) The average monthly finance charge (c) The average monthly depreciation (d) The monthly lease payment

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