3 years ago

Given the lease terms below, what is the total price of this car if you buy it

Mathematics

1 answer:

Katena32 [7]3 years ago

5 0

9514 1404 393

Answer:

A. $26,346

Step-by-step explanation:

The cost is the sum of all of the payments made:

cost = down payment +24×monthly payment +deposit +acquisition fee +after-lease price

cost = $1500 +24×279 +350 +700 +17100 = $26,346

The total price of the car if you buy it after leasing is $26,346.

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