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Mathematics, 11.02.2021 05:30 dondre54

Given below are lease terms at the local dealership. What is the total depreciation fee for this car?
Terms:
• Length of lease: 24 months
• MSRP of the car: $17,500
• Purchase value of the car after lease: $9900
• Down payment: $2400
• Monthly payment: $425
• Security deposit: $375
• Acquisition fee: $500
A. $216.67

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