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Mathematics, 07.04.2021 21:30 callieroberts7603

Jeff is leasing a car from a local auto retailer. The terms of the lease include a 5.15% (Money Factor or 5.15/2400) interest rate for 36 months with a residual value of 61.41%. The MSRP for the car Jeff is leasing is $70,000. What will Jeff’s monthly lease payment be?

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