Question
You are interested in leasing a car with maximum [payments of $319 a month for 60 months. Payments are due on the first day of
You are interested in leasing a car with maximum [payments of $319 a month for 60 months. Payments are due on the first day of each month starting with the day you sign the lease contract. If your cost of money is 4.9 percent, compounded monthly, what is the current value of the lease? Show work and discuss.
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Mortgage Ripoffs And Money Savers
Authors: Carolyn Warren
1st Edition
0470097833, 978-0470097830
