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Mathematics, 23.10.2020 21:50 milessims3953

Given the lease terms below, what is the total price of this car if you buy it after leasing, and you do not get the security deposit back?
Terms:
β€’ Length of lease: 24 months
β€’ MSRP of the car: $21,400
β€’ Purchase value of the car after lease: $17,100
β€’ Down payment: $1500
β€’ Monthly payment: $279
β€’ Security deposit: $350
.
Acquisition fee: $700
O A. $29,246
O B. $20,876
C. $26,346

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Answers: 2

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