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you can lease a car with $5000 down and $300 monthly payments for the next 36 months or else buy a car worth $35000 now
you can lease a car with $5000 down and $300 monthly payments for the next 36 months or else buy a car worth $35000 now and sell it in three years for $20,000. The going rate of interest is 5% annual rate. what is the cheapest option? lease or buy
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