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Mathematics, 11.03.2021 21:10 david6835

Ralph is leasing a $38,000 car for 36 months. The terms of his lease include an 8.5% interest rate (money factor of 0.00354) and a residual value of 72%. Determine Ralph's approximate monthly lease payment

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Ralph is leasing a $38,000 car for 36 months. The terms of his lease include an 8.5% interest rate (...
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