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Monthly payment and the total cost to lease

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Reference no: EM132724235

The dealership offers to lease you the same car with a purchase price of $20,000 on the following terms

Down payment $1200, APR 1.25%, Residual value $11,400, Lease term 60 months.

Please find your monthly payment and the total cost to lease this car for five years.

Reference no: EM132724235

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