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You have 3 options to get a car. Option 1 is to lease for $ 1 0 , 0 0 0 for 5 years. Option

You have 3 options to get a car. Option 1 is to lease for $ 1 0 , 0 0 0 for 5 years. Option 2 is to buy it outright for $ 4 7 , 0 0 0 right now. After 5 years you may sell the car and the value of the car is projected to be $ 3 3 0 0 . Option 3 is to lease for $ 8 , 7 0 0 for 6 years. The interest rate in the environment is 5 % . Which is the best option? Option 3 Option 2 Option 1

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