1. which event will have the greatest impact (positive or negative) on one's net worth after one month?
buy a used car at market value for $15,000
buy a new car at market value for $15,000. car depreciates 20% upon transfer of ownership.
lease a $15,000 car on a 3 year lease. the monthly payment is $199 and all lease payments are required in the lease.
none of these events will impact the net worth of an individual