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Mathematics, 04.10.2021 21:40 almaga1979orfvwo
At the end of the three years, the leased car has a residual value (the amount you pay if you choose to buy the car at the end of the lease period) of $ 12 comma 000 12,000. Assume you can sell the new car at the end of the three years at the same residual value. Is it less expensive to buy or to lease?
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