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Business, 13.11.2019 18:31 makemybacon

Using the following information, what is the cost to lease a car? • security deposit $320 • monthly lease payment $320 per month for a five− year lease • opportunity cost of security deposit $320 × loan period (in years) × 2% interest • end-of-lease charges $520
a. $19,200.00
b. $19,784.00
c. $19,752.00
d. $20,072.00
e. $20,272.00

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