Question: Round dollar amounts to TWO decimal places. John leases a car priced at $20,373 with a contract that requires start-of-week payments of $64.15 for 4

Round dollar amounts to TWO decimal places. John leases a car priced at $20,373 with a contract that requires start-of-week payments of $64.15 for 4 years at 3.56% compounded weekly. a) What is the residual value of the car at the end of the lease?

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PV =

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b) How much will John pay in total for leasing the car (without the residual value)? Total paid =

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