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Septeos Septeos
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A year ago
Lease payments of $425 per month on a car costing $35,000 are advertised by a dealer. The down payment required is $5000, and the residual value of the car is $14,000 after four years. What rate of interest compounded monthly is built into the lease? Round to the nearest percent.
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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JaynieJaynie
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A year ago
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Just got PERFECT on my quiz
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This helped my grade so much Perfect
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