101,085 views
16 votes
16 votes
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

User Bmc
by
2.8k points

2 Answers

21 votes
21 votes
12,342 I think..........
User Jorge Frias
by
2.5k points
21 votes
21 votes

Answer:

I believe the answer is 12,342 try it out and let me know:)

Explanation:

User Sachi
by
2.5k points