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3 years ago

8

Ralph is leasing a $38,000 car for 36 months. The terms of his lease include an 8.5% interest rate (money factor of 0.00354) and

a residual value of 72%. Determine Ralph’s approximate monthly lease payment.
A. $445.00 B. $530.40 C. $648.89 D. $526.93

1 answer:

Alex_Xolod [135]3 years ago

3 0

Answer:

hey, the answer is D 443.73

Step-by-step explanation:

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