Answer:
For example, most car leases are simple annuities due, where payments are made monthly and interest rates are compounded monthly. However, the day you sign the lease is when you must make your first monthly payment.
Copyright © 2024 EHUB.TIPS team's - All rights reserved.
Answers & Comments
Answer:
For example, most car leases are simple annuities due, where payments are made monthly and interest rates are compounded monthly. However, the day you sign the lease is when you must make your first monthly payment.