Question 4 of 10
Given below are lease terms at the local dealership. What is the total
depre...
Mathematics, 06.04.2021 16:40 xzavierjohnson425
Question 4 of 10
Given below are lease terms at the local dealership. What is the total
depreciation fee for this car?
Terms:
• Length of lease: 36 months
• MSRP of the car: $27,500
• Purchase value of the car after lease: $17,500
• Down payment: $3400
• Monthly payment: $425
• Security deposit: $375
• Acquisition fee: $500
O A. $202.45
O B. $427.50
O C. $375.15
O D. $183.33
Answers: 2
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