15. You are considering leasing a car. You notice an ad that says you can lease the car you want for K477.00 per month. The lease term is 60 months with the first payment
due at inception of the lease. You must also make an additional down payment of
K2,370. The ad also says that the residual value of the vehicle is K20,430. After
much research, you have concluded that you could buy the car ſor a total "driveout"
price of K33,800. What is the quoted annual interest rate you will pay with the lease?​

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

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