Question: QUESTION 2 (25 MARKS) Co ropa Public- least Project a. Describe three techniques used by lessors for obtaining assets to be leased. (9 Marks) b.

 QUESTION 2 (25 MARKS) Co ropa Public- least Project a. Describe

QUESTION 2 (25 MARKS) Co ropa Public- least Project a. Describe three techniques used by lessors for obtaining assets to be leased. (9 Marks) b. Lizzie intends to purchase a car which has a sticker price of $42,000 and she has managed to negotiate the purchase price down by $3,000. There is down payment of USD 5000. She does not have a trade-in. She will be leasing the car for 36 months. The money factor is .0029, and the leasing company has predicted the residual value of 46.30% of the sticker price at the end of 36 months. (6 Marks) G. List and discuss the commonly cited merits and demerits that should be Considered when deciding to lease or purchase. I 10 Marks] Lease payment

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