Question: Purchase Costs Down payment Loan payment Estimated value at end of loan Opportunity cost interest rate Leasing Costs Security deposit $ 1,900 Total purchase

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 Leasing Costs Security deposit $ 1,900 Total purchase cost Total leasing cost $550 for 36 months. 16,985 16,340 X $ 5,000 5 percent Lease payment End of lease charges Based on the costs listed in the table above, calculate the costs of buying and of leasing a motor vehicle. Note: Round your answers to the nearest whole number. $ 1,040 $ 400 for 36 months $ 900 Answer is complete but not entirely correct. Buying and Leasing $ $

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