Emily leases a new car by making a down payment of $3400 and beginning-of-month payments of...

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Emily leases a new car by making a down payment of $3400 and beginning-of-month payments of $130 for 2 years. If the lease amount of the car is $18,500 and Emily has the option of buying it for $13,590 at the end of the lease, what nominal interest rate compounded monthly is she Section Emily leases a new car by making a down payment of $3400 and beginning-of-month payments of $130 for 2 years. If the lease amount of the car is $18,500 and Emily has the option of buying it for $13,590 at the end of the lease, what nominal interest rate compounded monthly is she Section