Mathematics, 21.02.2020 09:49, sugar1014

Given the lease terms below, what is the total price of this car if you buy it after
leasing, and you do not get the security deposit back?
Terms:
• Length of lease: 36 months
• MSRP of the car: $21,400
• Purchase value of the car after lease: $17,100
• Down payment: $1500
. Monthly payment: $229
• Security deposit: $350
• Acquisition fee: $700

A. $29,246
B. $24,678
C. $27,894
D. $21,100

Answers: 3

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Given the lease terms below, what is the total price of this car if you buy it after
leasing,...