14. choose the correct answer. a new car is for lease for $429 per month with a down - payment of $1,058…

14. choose the correct answer. a new car is for lease for $429 per month with a down - payment of $1,058. what is the cost for 42 months for this vehicle? $44,436 $19,076 $18,018 $44,865

14. choose the correct answer. a new car is for lease for $429 per month with a down - payment of $1,058. what is the cost for 42 months for this vehicle? $44,436 $19,076 $18,018 $44,865

Answer

Explanation:

Step1: Calculate total monthly payments

Multiply monthly - lease amount by number of months. $429\times42 = 17918$.

Step2: Add down - payment

Add the down - payment to the total of monthly payments. $17918+1058 = 18976$.

Answer:

None of the provided options are correct. The correct cost is $$18976$.