You are contemplating leasing a new car.The monthly lease payments (to be made at the end of each months) are for 36 months.At the end of the lease you have the option of purchasing the car for $17,800.If you could finance the car at 5.9% for the same period,what is the most that you should be willing to pay in monthly lease payments if the sticker price of the car is $25,800?
A) $331
B) $299
C) $413
D) $199
Correct Answer:
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