You just leased a Honda Civic that sells for $28,950. The terms of your leaše řēquire you to make 36 payments of $416 per month with the first payment due the day the car was leased. At the end of 3...

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You just leased a Honda Civic that sells for $28,950. The terms of your leaše řēquire<br>you to make 36 payments of $416 per month with the first payment due the day the<br>car was leased. At the end of 3 years you would have to pay $16,956 to buy the car.<br>What effective rate are you paying on the car lease?<br>

Extracted text: You just leased a Honda Civic that sells for $28,950. The terms of your leaše řēquire you to make 36 payments of $416 per month with the first payment due the day the car was leased. At the end of 3 years you would have to pay $16,956 to buy the car. What effective rate are you paying on the car lease?

Jun 03, 2022

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You just leased a Honda Civic that sells for $28,950. The terms of your leaše řēquire you to make 36 payments of $416 per month with the first payment due the day the car was leased. At the end of 3...

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