Calculate the cost of the car if he made a down payment
Problem
Carlos secured a 6-year car lease at 6.20% compounded annually that required him to make payments of $883.80 at the beginning of each month. Calculate the cost of the car if he made a down payment of $3,500.
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Carlos secured a 6-year car lease at 6.20% compounded annually that required him. Calculate the cost of the car if he made a down payment of $3,500.
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