Please answer as soon as possible

Case Study 1 - Buying vs. Leasing 28 marks Jim has chosen the car he wants and must now decide whether to buy or lease it. The car has a MSRP of $21,977 and a residual factor of 34%. Jim negotiates a $500 discount and must pay th following additional costs: $660 freight charge $100 tire/air tax $75 gas tax $85 administration fee $74 licence plate fee $20 gas fec Regardless of whether Jim buys or leases the car, the financing is 6.9% compounded monthly for 48 months. If Jim buys the car, the finance fee is $54. If he leases the car, the finance fee is $36. a) Create a deal review and a lease quote for Jim's car (see attached), b) What is the difference in monthly payments? c) What is the total cost in each case? d) What factors should Jim consider as he decides whether to buy or lease? . Case Study 1 - Buying vs. Leasing 28 marks Jim has chosen the car he wants and must now decide whether to buy or lease it. The car has a MSRP of $21,977 and a residual factor of 34%. Jim negotiates a $500 discount and must pay th following additional costs: $660 freight charge $100 tire/air tax $75 gas tax $85 administration fee $74 licence plate fee $20 gas fec Regardless of whether Jim buys or leases the car, the financing is 6.9% compounded monthly for 48 months. If Jim buys the car, the finance fee is $54. If he leases the car, the finance fee is $36. a) Create a deal review and a lease quote for Jim's car (see attached), b) What is the difference in monthly payments? c) What is the total cost in each case? d) What factors should Jim consider as he decides whether to buy or lease