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Week 7- Chapter 14 Help Save&Exit Submt 7 ral Motors advertised three alternatives for a 25-month lease on a new Tahoe: (0 zero dollars down

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Week 7- Chapter 14 Help Save&Exit Submt 7 ral Motors advertised three alternatives for a 25-month lease on a new Tahoe: (0 zero dollars down and a lease payment of $1750 per for 25 months,(2) $5,000 down and $1,500 per month for 25 months, or (3) 538 500 down and no payments for 25 10 Calculate the total present value of lease payments under the three alternatives (assume the annual "terest rate is 125 compounded monthly) Monthly Payments Monthly Payments

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