Homework Answers
Cost of Buying :
$2,400 + [720 X 48] – 4,300 + [2,400 X .02 X 4]
= $32,852
Cost of Lease:
[720 X 48] + 645 + [800 X .02 X 4]
= $35,269
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Purchase Costs Leasing Costs Down payment: $2,400 Loan payment: $720 for 48 months Estimated value at...
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