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The value of a lease contract is $8000. It requires eleven equal lease payments to be made at the beginning of every month. If the

The value of a lease contract is $8000. It requires eleven equal lease payments to be made at the beginning of every month. If the cost of borrowing is 3.05% compounded daily, what is the size of the lease payment? $736.55 $738.42 $718.07 $716.24

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