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Using the following information, what is the cost to lease a car? (round to nearest dollar) Security deposit: $ 300 Monthly lease payment: $ 300

Using the following information, what is the cost to lease a car? (round to nearest dollar)

Security deposit: $ 300
Monthly lease payment: $ 300 /mo
Lease term: 5 years
Opportunity cost on security deposit: 2%
End of lease charges: $ 500

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