Question: Purchase Costs Down payment Loan payment Estimated value at end of loan Opportunity cost interest rate $2,400 $ 470 for 36 months $5,500 Leasing Costs
Purchase Costs Down payment Loan payment Estimated value at end of loan Opportunity cost interest rate $2,400 $ 470 for 36 months $5,500 Leasing Costs Security deposit Lease payment End of lease $1,180 $420 for 36 months $820 charges 6 percent Based on the above, calculate the costs of buying and of leasing a motor vehicle. Round your answers to the nearest whole number.) Purchase cost Leasing cost
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