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You have just leased a car that has monthly payments of $310 for the next 5 years with the first payment due today. If the
You have just leased a car that has monthly payments of $310 for the next 5 years with the first payment due today. If the APR is 5.52 percent compounded monthly, what is the value of the payments today? Multiple Choice $14,814.69 $15,876.75 $16,753.15 $16,221.54 $16,296.16
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Entrepreneurial Finance
Authors: Philip J. Adelman, Alan M. Marks
4th Edition
0132434792, 9780132434799
