for how many months can you lease this car with $10,000

User Generated

nyvfunoevnaan2001

Mathematics

Description

The cost of leasing a new Ferrari is $2,311 for a down payment and processing fee plus $276 per month.

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Explanation & Answer

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after down payment, the remaining amount = 10000-2311=7689

fee per month=276

number of months=7689/276

27.9 months............approximately 28months


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Anonymous
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