Question: Jasmine secured a 5-year car lease at 6.20% compounded annually that required him to make payments of $882.23 at the beginning of each month. Calculate

Jasmine secured a 5-year car lease at 6.20% compounded annually that required him to make payments of $882.23 at the beginning of each month. Calculate the cost of the car if he made a downpayment of $2,500.

Round to the nearest cent

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