Question 1 2 points Save Answer The two largest purchases you will likely make in your lifetime are a vehicle and a home To Buy or To Lease. That is the Question. When you are ready to have your own vehicle (we will refer to it as a car for the sake of simplicity), you have two options: Purchase a car from a dealership or a private owner Lease a car from a dealership When purchasing a car, there is choice in how frequently the payment is made, what time of month and how the bank chooses to compound the interest rate. Often buyers choose a monthly or biweekly payment and banks compound the interest frequently (monthly or daily). Therefore, the monthly car payments often form a General Ordinary Annuity. Consider this situation: You have saved $4.219 toward down payment for a new car. You've chosen a 2016 Honda Accord Coupe for $28,274 plus tax. Find the price of the car with tax @ 119 minus the down payment. Round your answer to two (2) decimal places. Do not enter the dollar sign. Sample input: 24562.23