(Answered) Your car lease requires a down payment of 1500 and payments

Finance

Your car lease requires a down payment of $1,500 and payments of $450 per month for 36 months. The APR is 6% compounded monthly and payments are made at the end of the month. At the end of the lease, you have the option to buy the vehicle for $20,000 (the residual value). How much is the car worth today? (Round to whole number and answer without $ sign)

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