1.Nima needs to decide whether to buy a Honda Civic for $22,900 with a salvage price of...

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1.Nima needs to decide whether to buy a Honda Civic for $22,900 with a salvage price of $7,200 after 4.5 years or lease the car for 4.5 years making monthly payments of $339 at the beginning of each month. If money is worth 5.9% compounded annually, should Nima buy or lease?

Posted Date: May 17, 2024 05:07 PM

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1.Nima needs to decide whether to buy a Honda Civic for $22,900 with a salvage price of...

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