Use the following data: Purchase Costs Leasing Costs Down payment: $2,400 Security deposit: $800 Loan payment: $720 for 48 months Lease payment: $720 for 48 months Estimated value at end of loan: $4,300 End-of-lease charges: $645 Opportunity cost interest rate: 2 percent Calculate the costs of buying versus leasing a motor vehicle.

Cost of buying option is   $32,852

Cost of leasing option is $35,424  

Explanation:

                                                                               Buy option      Lease option

down-payment                                                              $2,400         $800

monthly repayment($720*48)($720*48)                    $34,560      $34,560

residual value at end of loan                                           ($4,300)          -

end of lease charges                                                             -                 $645

Opportunity of down-payment($2400 or$800)*2%*4))     $192              $64

Total costs of buying/leasing a motor vehicle                 $32,852      $35,424  

By buying the overall of cost of the motor vehicle is reduced by $2,572  ( $32,852 -$35,424)

Conclusively ,the buying is preferable to leasing option since the business would want to save costs in order to improve bottom-line

answer; (consensus);

answer: a. the kind of population living in your neighbourhood.

the census explorer data tool by the us census bureau allows the user to zoom in on any neighbourhood within the united states and find the kind of people residing in that by race and age.  

the tool needs to needs to be used twice – once in order to find what type of people reside in a neighbourhood, and then to see the age groups of the people in the same neighbourhood.