what is the total cost of a 36 - month vehicle lease with the terms described in the table? cost monthly fee…

what is the total cost of a 36 - month vehicle lease with the terms described in the table? cost monthly fee $450 deposit $2,500 registration and title $300 disposition fee $350 acquisition fee $600

what is the total cost of a 36 - month vehicle lease with the terms described in the table? cost monthly fee $450 deposit $2,500 registration and title $300 disposition fee $350 acquisition fee $600

Answer

Explanation:

Step1: Calculate monthly - fee total

Multiply monthly fee by 36 months. $450\times36 = 16200$

Step2: Sum all costs

Add monthly - fee total, deposit, registration and title, disposition fee, and acquisition fee. $16200+2500 + 300+350+600$ $=16200+(2500 + 300+350+600)$ $=16200 + 3750$ $=19950$

Answer:

$19950$