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You are going to lease a new car. The sticker price for the car is $42,000. The term of the lease is 48 months, the

You are going to lease a new car. The sticker price for the car is

$42,000.

The term of the lease is

48

months, the rate on the lease is

7.2%,

and the buyout is

$22,000.

If you decide not to make a down payment, then what are the monthly lease payments (before tax)?

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