Mathematics, 30.11.2019 14:31 phillipsalexis274

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

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