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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 one year and the interest rate is 2% APR. The buyout on the lease is 51% 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 $ (Round to the nearest cent as needed.) You are going to lease a brand new car. The price of the car is $59,000. You intend to make a $3,000 down payment. The term of the lease is 48 months and the lease rate is 6.7% APR. The buyout for the lease is 40% of its purchase price. What are the monthly lease payments after tax? The tax rate is 8%. The after-tax monthly lease payments are $ (Round to the nearest cent as needed.) 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 one year and the interest rate is 2% APR. The buyout on the lease is 51% 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 $ (Round to the nearest cent as needed.) You are going to lease a brand new car. The price of the car is $59,000. You intend to make a $3,000 down payment. The term of the lease is 48 months and the lease rate is 6.7% APR. The buyout for the lease is 40% of its purchase price. What are the monthly lease payments after tax? The tax rate is 8%. The after-tax monthly lease payments are $ (Round to the nearest cent as needed.)
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