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You can leade a $ 1 6 , 0 0 0 car for $ 5 0 0 per month. For how long ( to the

You can leade a $16,000 car for $500 per month. For how long (to the nearest year) should you lease the car so that your monthly payments are lower than purchasing it with an 8%per-year loan?
You should lease the car for _________ years or less.

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