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mel-nik [20]
3 years ago
13

Can someone help me?

Mathematics
1 answer:
OverLord2011 [107]3 years ago
8 0

Answer:

52

Step-by-step explanation:

180-90-38=52

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<h3>Option A</h3><h3>The monthly lease payment for a 36-month lease on a car  is $ 358.64</h3>

<em><u>Solution:</u></em>

Given that,

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<em><u>Find residual value</u></em>

\text{Residual value } = \text{ MSRP } \times \text{ Percentage of residual } \\\\\text{Residual value } = 29000 \times 0.79 \\\\\text{Residual value } = 22910

<em><u>Find the depreciation amount</u></em>

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<em><u>Find Base monthly lease payment</u></em>

\text{Base monthly lease payment } = \frac{ \text{ Depreciation amount  }}{ \text{ number of months }}

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<em><u>Find Interest per month</u></em>

\text{ Interest per month } = (cost + residual ) \times \text{ money factor }

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<em><u>Find monthly lease payment</u></em>

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3 years ago
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