A car dealer is willing to lease you a car for $319 a month for 60 months. Payments are due on the first day of each month starting with the day you sign the lease contract. If your cost of money is 4. 9 percent, compounded monthly, what is the current value of the lease?
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A car dealer is willing to lease you a car for $319 a month for 60 months. Payments are due on the f...
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