Question
You are thinking of leasing a car. The price of the car is $55,000. You have $5,000 for a down payment. The term of the
You are thinking of leasing a car. The price of the car is $55,000. You have $5,000 for a down payment. The term of the lease is two years and the interest rate is 4% APR. The buyout on the lease is51% of its purchase price and it is due at the end of the term. What are the monthly lease payments(before tax)?
The monthly lease payments are $
nothing
.
(Round to the nearest cent asneeded.)
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Technical Analysis The Complete Resource for Financial Market Technicians
Authors: Charles D. Kirkpatrick, Julie R. Dahlquist
1st edition
134137043, 134137049, 978-0131531130
