14of25 -/6.4 E View Policies Current Attempt in Progress Generally, the costs associated with buying a car are higher than the costs of leasing. O up-front O monthly 0 back-end O up-front and monthly Save for Later Attempts: O of 2 used ( 3 rT1 m [P1 110f25 -/6.4 1:5 View Policies Current Attempt in Progress The current market value of a home is $196000 with a mortgage balance of $137200. If the lender requires a 80% loan to value ratio, what is the home equity credit limit on this house? 0 $109760 0 $47040 O $156800 0 $19600 Save for Later Attempts: 0 of 2 used 12 0125 ~/6.4 EE View Policies Current Attempt in Progress What is normally referred to as the "sticker price" on a new car is actually the O manufacturer's suggested retail price. 0 dealer's invoice. O dealer's retail price. O manufacturer's invoice. Save for Later Attempts: O of 2 used 15 0f25 -/6.4 E View Policies Current Attempt in Progress Janelle is debating whether to buy or lease her favorite ca r. Under a closed-end lease, Janelle will 0 be able to walk away from her lease no matter the condition of the car. 0 not be required to compensate the lessor for uctuations in the resale value at lease end. C have to purchase the car at lease end. 0 be required to compensate the lessor for uctuations in the resale value of the car at lease end. Save for Later Attempts: 0 of 2 used 13 Of25 -/6.4 ;= View Policies Current Attempt in Progress What is depreciation? O The decline in the value of an asset over time as a result of normal wear and tear O The increase in the value of an asset due to wear and tear and other factors O The proportion of an asset that will not decline in value for any reason O The result of all expenses incurred while using an asset Save for Later Attempts: 0 of 2 used