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Ralph is leasing a $38,000 car for 36 months. The terms of his lease include an 8.5% interest rate (money factor of 0.00354) and a residual value of 72%. Determine Ralph's approximate monthly lease payment
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Ralph is leasing a $38,000 car for 36 months. The terms of his lease include an 8.5% interest rate (money factor of 0.00354) and a residual value of 72%. Determine Ralph's approximate monthly lease payment

User Letroll
by
7.2k points

2 Answers

6 votes

Answer: is d

Explanation:

User Oleksandr Veremchuk
by
6.7k points
14 votes

Answer:

Explanation:

hey, the answer is D 443.73

User Nick Bernard
by
7.3k points
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