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You have 2 options to get a car. Option 1 is to lease for $ 9 , 0 0 0 for 4 years. Option 2

You have 2 options to get a car. Option 1 is to lease for
$9,000 for 4 years. Option 2 is to buy it outright for $35,0
00 right now. After 4 years the value of the car is project
ed to be $1500. The interest rate in the environment is 5
%. Which is a better option?

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