Business, 06.03.2020 15:13 highspeed7458

Jennifer is leasing a car from a local auto retailer. The terms of the lease include a 9% interest rate for 36 months with a residual value of 57%. The MSRP for the car Jennifer is leasing is $17,500. What will Jennifer’s monthly lease payment be?
a.
$93.84
b.
$99.75
c.
$209.03
d.
$312.06

Answers: 2

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Jennifer is leasing a car from a local auto retailer. The terms of the lease include a 9% interest r...