what is the total cost of a 36 - month vehicle lease with the terms described in the table?\n| | cost…

what is the total cost of a 36 - month vehicle lease with the terms described in the table?\n| | cost |\n|--|--| \n| monthly fee | $700 |\n| deposit | $2,500 |\n| registration and title | $300 |\n| disposition fee | $350 |\n| acquisition fee | $400 |

what is the total cost of a 36 - month vehicle lease with the terms described in the table?\n| | cost |\n|--|--| \n| monthly fee | $700 |\n| deposit | $2,500 |\n| registration and title | $300 |\n| disposition fee | $350 |\n| acquisition fee | $400 |

Answer

Explanation:

Step1: Calculate total monthly cost

Multiply monthly fee by 36 months. $700\times36 = 25200$

Step2: Sum up all additional fees

$2500 + 300+350 + 400=3550$

Step3: Calculate total cost

Add total monthly cost and additional fees. $25200+3550 = 28750$

Answer:

$28750$