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Author Question: What is the total cost of leasing a vehicle for three years that requires a security deposit of $300 ... (Read 51 times)

PhilipSeeMore

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on: Apr 14, 2019

What is the total cost of leasing a vehicle for three years that requires a security deposit of $300 (would earn 3% interest in a money market account otherwise), has monthly lease payments of $385, and has a mileage restriction of 10,000 with excess mileage resulting in a 10 cents per mile charge. Assume that over the life of the lease you exceed this limitation by 8,000 miles.


◦ $14,160
◦ $13,860
◦ $14,687
◦ $14,660
Personal Finance ¦ Madura ¦ 6th Edition
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Marked as best answer by PhilipSeeMore on Apr 14, 2019

billybob123

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Reply #1 on: Apr 14, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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PhilipSeeMore

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Reply 2 on: Apr 14, 2019
Great answer, keep it coming :)

lcapri7

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Reply 3 on: Yesterday
Excellent

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