19.4k views
1 vote
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

2 Answers

4 votes
12,342 I think..........
User Pmdba
by
4.3k points
1 vote

Answer:

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

Explanation:

User Flossfan
by
5.2k points