Mathematics, 03.02.2021 20:50 oliviaciscooc
Given the lease terms below, what is the total price of this car if you buy it after leasing, and you do not get the security deposit back? Terms: Length of lease: 24 months • MSRP of the car: $21,400 Purchase value of the car after lease: $17,100 • Down payment: $1500 • Monthly payment: $279 • Security deposit: $350 • Acquisition fee: $700
A. $27,100
B. $29,246
C. $20,876
D. $26,346
Answers: 1
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