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Using the following information, what is the cost to lease a car? Security deposit$420 Monthly lease payment$420 per month for a five-year lease Opportunity cost

Using the following information, what is the cost to lease a car?

Security deposit$420 Monthly lease payment$420 per month for a five-year lease Opportunity cost of security deposit$420 loan period (in years) 3% interest End-of-lease charges$620

$25,200.00

$25,883.00

$26,503.00

$26,303.00

$25,946.00

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