You pay $1,527 down and lease the car for the 4 years, paying only on...

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Accounting

You pay $1,527 down and lease the car for the 4 years, paying only on the portion of the car used, $18,923.8. The tax rate in your province is 14.3% and you are charged tax on the portion of the car used. What is the value of the $18,923.8 lease with tax @ 14.3% minus the $1,527 down payment?

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