Given below are lease terms at the local dealership. What is the total cash
due at signing?
T...
Mathematics, 20.06.2020 16:57 MSSTEALYOGURL3757
Given below are lease terms at the local dealership. What is the total cash
due at signing?
Terms:
• Length of lease = 36 months
• MSRP of the car = $27,500
• Purchase value of the car after lease = $17,500
• Down payment = $3400
• Monthly payment = $425
• Security deposit = $375
• Acquisition fee = $500
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