Question
Your car dealer is willing to lease you a new car for $190 a month for 36 months. Payments are due on the first day
Your car dealer is willing to lease you a new car for $190 a month for 36 months. Payments are due on the first day of each month starting with the day you sign the lease contract. If your cost of money is 6.5 percent, what is the current value of the lease?
Multiple Choice
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$7,203.14
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$6,232.80
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$11,008.31
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$9,197.74
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$10,331.03
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Options Trading Crash Course
Authors: Jay Douglas
1st Edition
1689360070, 978-1689360074
