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majarm majarm
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Posts: 406
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6 years ago
Payments on a six-year lease value of a car at $27 175.00 are to be made at the beginning of each month during the last 3 years of the lease. If interest is 7.25% compounded monthly, what is the size of the monthly payments?
A) $33 755
B) $1039.85
C) $937.65
D) $754.86
E) $1029.42
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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AxyAxy
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6 years ago
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3 years ago
thanks
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3 years ago
thank you
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