Given below are lease terms at the local dealership. What is the total cash due at signing?

Terms:
Length of lease: 24 months
MSRP of the car: $27,500
Purchase value of the car after lease: $19,500
Down payment: $3,400
Monthly payment: $425
Security deposit: $375
Acquisition fee: $550

A) $4,275
B) $4,750
C) $3,400
D) $4,325

what she means is that back then a dollar (or less) could buy a lot more then because of the former state of deflation. since then a price inflation has occured.

the answers are

a, b, c, & e.

consumer credit. an advantage is that it allows consumers to afford expensive goods and services now, increasing their standard of living. however, a disadvantage is that it creates a trap for debt, if people do not have self control, they may see themselves filing personal bankruptcy.