Your payment is $300 per month for 48 months and you made a $2,000 down payment. What is your total cost of leasing? $14,600 $16,400 $14,400 $12,400

asked May 9, 2023 178k views

14 votes

Your payment is $300 per month for 48 months and you made a $2,000 down payment. What is your total cost of leasing?

$14,600
$16,400
$14,400
$12,400

4.7k points

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7 votes

Answer:

$12,400

Explanation:

$300 x 48 = $14,400

$14,400 - $2000(down payment) = $12,400

Liem answered May 16, 2023

by Liem

4.4k points

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