Given the lease terms below, find the total lease cost, assuming that the deposit is nonrefundable. terms: length of lease: 36 months msrp of the car: $21,400 purchase value of the car after lease: $17,100 down payment: $1500 monthly payment: $272 security deposit: $350 acquisition fee: $700

The total cost of the lease is $12,342.

To find the total cost of the lease, we have to add up all the costs that you will be responsible for.

You will have to pay the down payment, the monthly payment, security deposit and the acquisition fee.

However, don't forget that you have to multiply the monthly payment by 36 months.

1500 + 36(272) + 350 + 700 =12342

Your maths is very weak try yourself this would improve your skills don't depend on others