Maria secured a 5-year car lease at 5.30% compounded annually that required him to make payments of $885.31 at the begin

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answerhappygod
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Maria secured a 5-year car lease at 5.30% compounded annually that required him to make payments of $885.31 at the begin

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Maria secured a 5-year car lease at 5.30% compounded annuallythat required him to make payments of $885.31 at the beginning ofeach month. Calculate the cost of the car if he made a downpaymentof $1,250.
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