asked 141k views
2 votes
Bob is thinking about leasing a car the lease comes with an interest rate of 8% determine the money factor that will be used to calculate bonus payment

asked
User Kkost
by
7.5k points

2 Answers

3 votes

Answer:

✅ C. 0.00333

correct⬇️

Bob is thinking about leasing a car the lease comes with an interest rate of 8% determine-example-1
answered
User Karlene
by
7.7k points
4 votes

Answer:

0.00333

Hope that helps.

answered
User Peg
by
8.1k points
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