Question: Purchase Costs Down payment Loan payment Estimated value at end of loan Opportunity cost interest rate $ 2,100 $ 530 for 36 months $

Purchase Costs Down payment Loan payment Estimated value at end of loan

Purchase Costs Down payment Loan payment Estimated value at end of loan Opportunity cost interest rate $ 2,100 $ 530 for 36 months $ 4,900 7 percent Leasing Costs Security deposit Lease payment End of lease charges $1,410 $ 520 for 36 months $1,430 Based on the costs listed in the table above, calculate the costs of buying and leasing a motor vehicle. (Round your answ nearest whole number.) Buying & Leasing Total purchase cost Total leasing cost 13

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