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    Personal Financial Planning Study Set 1
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    Exam 5: Making Automobile and Housing Decisions
  5. Question
    The Down Payment on the Car You Are Leasing Is
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The Down Payment on the Car You Are Leasing Is

Question 129

Question 129

Multiple Choice

The down payment on the car you are leasing is called the


A) money factor.
B) capitalized cost.
C) residual value.
D) purchase option.
E) capital cost reduction.

Correct Answer:

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