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Home Q & A Board Science-Related Homework Help Mathematics
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reync89 reync89
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A year ago
The monthly lease payments on a new car are $517.44 for seven years. The first payment is payable today. Using an interest rate of 10.8% compounded monthly, what is the value of the lease?

▸ $30,680

▸ $29,773

▸ $17,894

▸ $33,989

▸ $65,120
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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jpinette86jpinette86
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A year ago
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Anonymous
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6 months ago
Help! The answer is missing an explanation...
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