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Given below are lease terms at the local dealership. What is the total cash due at signing? Terms: Length of lease: 24 months MSRP of the car: $27,500 Purchase value of the car after lease: $19,500 Down payment: $3400 Monthly payment: $425 Security deposit: $375 Acquisition fee: $550
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Ok, so you pay a down payment, security deposit and acquisition fee.
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