1 compute the interest paid on a 3-year lease for a 28805, Ask an Expert

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1. Compute the interest paid on a 3-year lease for a $28805 car if the annual rate of depreciation is 19% and the lease's annual interest rate is 3.8%.

2. Compute the monthly payments on a 2-year lease for a $27811 car if the annual rate of depreciation is 15% and the lease's annual interest rate is 3.2%.

3. Give examples in How to calculate payback period using cash flow diagram ?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M93040600

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