Mathematics
Mathematics, 11.02.2021 05:30, dondre54

Given below are lease terms at the local dealership. What is the total depreciation fee for this car?
Terms:
β€’ Length of lease: 24 months
β€’ MSRP of the car: $17,500
β€’ Purchase value of the car after lease: $9900
β€’ Down payment: $2400
β€’ Monthly payment: $425
β€’ Security deposit: $375
β€’ Acquisition fee: $500
A. $216.67

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Answers: 3

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Given below are lease terms at the local dealership. What is the total depreciation fee for this ca...

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