Register
What monthly payment for a car lease is $300 for 24 months. The down payment is 1000. The residual value is $9000. What is the total cost of the lease?
95.0k views
1 vote
What monthly payment for a car lease is $300 for 24 months. The down payment is 1000. The residual value is $9000. What is the total cost of the lease?

User Pooja Shah
by
7.9k points

1 Answer

5 votes
Monthly payment - $7,200

Down payment - $1,000

Residual value - $9,000

Total cost of the lease - 17,200
User Joakim Danielson
by
8.1k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Write words to match the expression. 24- ( 6+3)
Link Copied!