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06-08-2024
Business

Answered

The monthly payment for a car lease is $300 for 24 months. The down payment is $1,000. The residual value is $9,000. What is the total cost if the car is purchased at the end of the lease?
A. $17,200
B. $40,700
C. $8,200
D. $16,200

Answer :

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