25. You are being offered a choice of buying or leasing a new car. The purchase price is $42,478 dollars, which can be financed at an APR of 6.66% over 4 years (and the car is expected to be worth $24,000 at the end of the 4 years). Alternatively, you can lease the car for four years for $499 per month. Show which offer is better.

PLEASE USE AND SHOW EQUATION AND WORK. NO EXCEL. THANK YOU