Gina has to pay monthly installments for a period of 24 months to her car dealer. After 24 months she can either return the car or buy it at its lower resale value. Has she bought the car on a loan or is it on lease?
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Home » Mathematics » Gina has to pay monthly installments for a period of 24 months to her car dealer. After 24 months she can either return the car or buy it at its lower resale value. Has she bought the car on a loan or is it on lease?