10. Based on the following, calculate the costs of buying versus leasing a motor vehicle: L06.2) Purchase Costs Leasing Costs Down payment, $1,500 Security deposit, $500 Loan payment, $450 for 48 months Lease payment, $450 for 48 months Estimated value at end of loan, $4,000 End-of-lease charges, $600 Opportunity cost interest rate, 4 percent