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dex0388 dex0388
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10 months ago
The MSRP for a Chevy Tahoe is $40,999. The monthly payment on a twenty-four month lease at 3.9% compounded semiannually is $800. The residual value at the end of the lease is $22,138. Rounded to the nearest dollar, what down payment was used in the lease calculation?
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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bwhurdbwhurd
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10 months ago
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dex0388 Author
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Thanks for your help!!
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