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You are going to lease a new Nissan Leaf electric car. The sticker price for the car is $39,000. The term of the lease is
You are going to lease a new Nissan Leaf electric car. The sticker price for the car is $39,000. The term of the lease is 48 months, the rate on the lease is 4.7%, and the buyout is $20,000. What are the monthly lease payments? Round to the nearest cent.
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