pangiedela pangiedela

29-04-2024
Mathematics

Answered

Given below are lease terms at the local dealership. What is the total cash due at signing?

Terms:
Length of lease = 24 months
MSRP of the car = $17,500
Purchase value of the car after lease = $9900
Down payment = $2400
Monthly payment = $425
$375 security deposit
$500 acquisition fee

A.
$3400

B.
$375

C.
$3700

D.
$3275

Answer :

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