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You are going to lease a new car. The sticker price for the car is $47,000. The term of the lease is 60 months, the
You are going to lease a new car. The sticker price for the car is $47,000. The term of the lease is 60 months, the rate on the lease is 3.2%, and the buyout is $20,000. If you decide not to make a downpayment, then what are the monthly lease payments(before tax)?
The monthly lease payments are $
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