Question: A car costing $39,000 is leased at 4.4% compounded semi-annually for 6 years. What is the amount of the monthly lease payment excluding taxes?

A car costing $39,000 is leased at 4.4% compounded semi-annually for 6

A car costing $39,000 is leased at 4.4% compounded semi-annually for 6 years. What is the amount of the monthly lease payment excluding taxes? Round your answer to 2 decimal places. Your Answer:

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