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Quiz 1
db918ced-85b2-41d6-9db9-d139916d1a69
1. What is the Money Factor?
The interest rate on the funds that are financing the lease. It can’t be directly compared to car loan interest rates, but it can be used when you are comparing different lease offers.
an educated guess and may be higher or lower than the car's actual retail value as a used car.
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