Let's calculate leasing a car
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What is the future value of a car for $27,000 (with a 5% down payment) for 4 years at 4.99%?
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What is the total cost of the loan (previous question) if the sell back price is $14,500?
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What is the total cost of a lease option where monthly payment is $450 for 4 years with a balloon payment of $1,550? Don't round the answer.
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