Question 10 OT
Given below are lease terms at the local dealership. What is the total cash
du...
Mathematics, 23.10.2020 21:50 0gNanaa
Question 10 OT
Given below are lease terms at the local dealership. What is the total cash
due at signing?
Terms:
β’ Length of lease = 24 months
β’ MSRP of the car = $17,500
β’ Purchase value of the car after lease = $9900
β’ Down payment = $2400
β’ Monthly payment = $425
β’ $375 security deposit
β’ $500 acquisition fee
O A. $3275
ΠΠΠ
B. $3700
O C. $3400
D. $375
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