Question: QUESTION 6 Zach signed a 5-year lease at 1.99 compounded monthly on a Honda Accord which has a selling price of 533,000. He is required

 QUESTION 6 Zach signed a 5-year lease at 1.99 compounded monthly

QUESTION 6 Zach signed a 5-year lease at 1.99 compounded monthly on a Honda Accord which has a selling price of 533,000. He is required to make a $3.000 down payment now, and the residual value of the vehicle is $9.700. What is the amount of the monthly lease payments made at the beginning of each month? Round to the nearest cent

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