your answers will automatically save as you proceed through the test. Question 27 Using the attached exhibit and the information below, what is the net cost of leasing this vehicle To answer the question, use the following assumptions: - The price of the car is $25,000 -The down payment required is 20% of the price of the car -The security deposit required is $400 -The sales tax rate is 10.25%. -GAP insurance on the lease is $120 -Interest lost or foregone is computed using a 4% after tax rate of return (use in Step 4) -The interest rate on the lease and loan is 5% (use in Step 6 ). -The lease agreement is 86 months -The loan term is 60 months -Your resale/trade-in value for your vehicle is $6,000 -Disposition fee: $300 -Lease Payment: \$350/month -Purchase Payment: $400 /month Round to the nearest cent. DO NOT INCLUDE COMMAS OR \$. COMMAS OR \$