Question: You re just completed your study at UD and got your dream job. You would now like to buy or lease a $ 2 5

Youre just completed your study at UD and got your dream job. You would now like to buy or lease a $25,000 car. The lease is for 24 months. The financing information is as follows: (8 points) The cost of purchasing the car is $25,000. There is a $250 acquisition fee paid by the lessee at the beginning of the lease. There is a $250 security deposit for the lessee at the beginning of the lease. o This fee is refunded at the end of the lease. The lease promised residual value at the end of 2 years is $10,000. o If the true value is less than this, you must pay the difference. o If the true value is greater than this, you do not receive anything. You believe the value of the car will be worth $12,000 at the end of the lease (i.e., the estimated residual value is $12,000). The monthly lease payments are $600 a month for 24 months. All payments occur at the end of the period. You are considering 2 options:

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