Use the following data: Purchase Costs Leasing CostsDown payment: $4,800Security deposit: $1,600Loan payment: $340 for 48 monthsLease payment: $340 for 48 monthsEstimated value at end of loan: $5,100End-of-lease charges: $765Opportunity cost interest rate: 2 percent Calculate the costs of buying versus leasing a motor vehicle.

PURCHASED COST = $16,404

LEASE COST = $17, 213

Explanation:

GIVEN the following ;

PURCHASE COST:

Down payment = $4,800

Loan payment = $340

Loan repayment period = 48months

Estimated value at end of loan = $5100

Opportunity cost of down payment (Number of years of financing) = 48months = 4 years

Opportunity cost interest rate = 2%

LEASE COST:

Security deposit = $1,600

Lease payment = $340

Lease period = 48months = 4 years

End-of-Lease charges = $765

Opportunity cost of down payment = Number of years of financing

PURCHASE COST:

Down Payment + (Monthly Loan Payment × period) - Estimated Value at end of loan + (Down Payment × Number of years × Interest rate) :

PURCHASE COST:

$4800 + ($340 × 48) - $5100 + ($4800 × 4 × 0.02)

($4800 + $16320) - $5100 + ($384)

$21120 - $5100 + $384 = $16,404

LEASE COST:

(Lease Payment × period) + End of Lease Charges+ Security deposit × (Interest Rate × Number of years)

LEASING COST:

($340 × 48) + $765 + $1600 × (0.02 × 4)

$16320 + $765 + (1600 × 0.96)

$16320 + $765 + $128

=$17213

the answer is: c.that person might be arrested and deported

filling w-4 form incorrectly usually would rise suspicions from government's auditors. when they notice such mistakes, they would send their teams to investigate the situation further.

if those investigation teams believe that the incorrectness is done on purpose (with malicious intent), that person can be arrested or deported