subject
Mathematics, 28.09.2020 14:01 salinae

You must decide whether to buy a new car for $18,000 or lease the same car over a three-year period. Under the terms of the lease, you can make a down payment of $3,000 and have monthly payments of $150. At the end of the three years, the leased car has a residual value (the amount you pay if you choose to buy the car at the end of the lease period) of $12,000. Assume you can sell the new car at the end of the three years at the same residual value. Is it less expensive to buy or to lease? The cost for buying the car and selling it after three years would be $
nothing.

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 18:30
To determine the number of deer in a forest a forest ranger tags 280 and releases them back
Answers: 3
question
Mathematics, 21.06.2019 19:30
Fa bus driver leaves her first stop by 7: 00 a.m., her route will take less than 37 minutes. if she leaves after 7: 00 a.m., she estimates that the same route will take no less than 42 minutes. which inequality represents the time it takes to drive the route, r?
Answers: 3
question
Mathematics, 21.06.2019 19:50
Drag each tile into the correct box. not all tiles will be used. find the tables with unit rates greater than the unit rate in the graph. then tenge these tables in order from least to greatest unit rate
Answers: 2
question
Mathematics, 21.06.2019 21:30
Madeline takes her family on a boat ride. going through york canal, she drives 6 miles in 10 minutes. later on as she crosses stover lake, she drives 30 minutes at the same average speed. which statement about the distances is true?
Answers: 3
You know the right answer?
You must decide whether to buy a new car for $18,000 or lease the same car over a three-year period....
Questions
question
Mathematics, 06.10.2021 18:40
question
Mathematics, 06.10.2021 18:50
question
Mathematics, 06.10.2021 18:50
Questions on the website: 13722363