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What is the buyout due at the end of the lease

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Reference no: EM133004470

Problem 1: You want to lease a Hudson Eight Coupe which sells for $39000. The lease has a term of 36 months at a rate of 7.50% APR. The monthly lease payments are $818.85. What is the buyout due at the end of the lease?

Reference no: EM133004470

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