Mathematics, 28.09.2020 09:01 iiisavageoreo

Ralph is leasing a $32,000 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. $145.00
b. $230.40
C. $248.89
d. $443.73
Please select the best answer from the choices provided

Answers: 1

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 21:50, Animallover100

What is the missing reason in the proof? segment addition congruent segments theorem transitive property of equality subtraction property of equality?

Answers: 3

continue

Mathematics, 21.06.2019 23:30, blueval3tine

Sally deposited money into a savings account paying 4% simple interest per year. the first year, she earn $75 in interest. how much interest will she earn during the following year?

Answers: 1

continue

Mathematics, 22.06.2019 00:30, savthespice

Bo is buying a board game that usually costs bb dollars. the game is on sale, and the price has been reduced by 18\%18%. which of the following expressions could represent how much bo pays for the game? choose 2 answers: choose 2 answers: (choice a) a 0.82b0.82b (choice b) b 1.18b1.18b (choice c) c b-0.18b−0.18 (choice d) d b-18b−18 (choice e) e b-0.18bb−0.18b

Answers: 2

continue

Mathematics, 22.06.2019 03:30, amcd2002

Of the 50 us states 4 have names that start with the letter w

Answers: 2

continue

You know the right answer?

Ralph is leasing a $32,000 car for 36 months. The terms of his lease include an 8.5% interest rate (...