alexisguzman7755
alexisguzman7755 alexisguzman7755
  • 03-07-2020
  • Mathematics
contestada

If the lease factor is 0.00045, what monthly payment can you expect on this
vehicle?

Respuesta :

John856
John856 John856
  • 03-07-2020
2400 times the lease factor always equal APR so 2400 times 0.00045 it should equal 1.08%
Answer Link
amberlymacias3689 amberlymacias3689
  • 28-01-2021

Answer:

$100.46

Step-by-step explanation:

Using the formula: 22,550-1999-17500/36 + 0.00045 x (22,500 - 1999+ 17500) = $100.46

Answer Link

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