If the apr is 684 percent compounded monthly what is the


You have just leased a car that has monthly payments of $365 for the next 4 years with the first payment due today. If the APR is 6.84 percent compounded monthly, what is the value of the payments today?

  • $13,979.07
  • $15,376.98
  • $14,889.73
  • $15,908.19
  • $15,289.83

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Finance Basics: If the apr is 684 percent compounded monthly what is the
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