Question: q. 8 Purchase Costs Down payment Loan payment Estimated value at end of loan Opportunity cost interest rate 5 5 $ 1,600 590 for 36

q. 8

Purchase Costs Down payment Loan payment Estimated value at end of loan Opportunity cost interest rate 5 5 $ 1,600 590 for 36 months 5,000 5 percent Leasing Costs Security deposit Lease payment End of lease charges $1,000 $ 550 for 36 months $920 Based on the costs listed in the table above, calculate the costs of buying and leasing a motor vehicle. (Round your answers to the nearest whole number.) Buying & Leasing Total purchase cost Total leasing cost

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