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  3. the payments of a lease are $190 a month for 60 mo

The payments of a lease are $190 a month for 60 months. Jessica paid a...

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The payments of a lease are $190 a month for 60 months. Jessica paid a deposit of $580, a title fee of $95, and a license fee of $65. At the end of the lease she can buy the car for a residual value of $3,900. True or False: The total cost if she buys the car at the end of the lease is $16,040.

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