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X 16.1.B.6 Question Help A car costs $25,900. Alternatively, the car can be leased for 6 years by making payments of $323 at the beginning
X 16.1.B.6 Question Help A car costs $25,900. Alternatively, the car can be leased for 6 years by making payments of $323 at the beginning of each month and then bought at the end of the lease for $4,670. If interest is 3% compounded quarterly, which alternative is preferable? The car should be
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