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Question 121 pts You are leasing a car for 48 months. You put down $1,683...

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Finance

Question 121 pts

You are leasing a car for 48 months. You put down $1,683 now and agree to $666 monthly payments. The residual value is $18,290. The financing rate is 8.4% (monthly compounded). How much is the car worth?

The car is worth $ . today. Accurate to min one cent

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