Given below are lease terms at the local dealership. what is the total
depreciation fee for th...
Mathematics, 25.12.2019 10:31 lukeakalucas
Given below are lease terms at the local dealership. what is the total
depreciation fee for this car?
terms
length of lease: 36 months
msrp of the car: $27,500
purchase value of the car after lease: $17,500
down payment: $3400
monthly payment: $425
security deposit: $375
acquisition fee: $500
answer?
a $20245
b. $427.50
c $183.33
d. $375.15
Answers: 3
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