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$600/0.03=Answer: $20.000.00 $20.000.00x600= Commission on sale=20000*3% I 4. Based on the following data, prepare a financial comparison of buying and leasing a motor vehicle with
$600/0.03=Answer: $20.000.00 $20.000.00x600= Commission on sale=20000*3% I 4. Based on the following data, prepare a financial comparison of buying and leasing a motor vehicle with a $24,000 cash price: Down payment (to finance vehicle), $4,000 Monthly loan payment, $560 Length of loan, 48 months Value of vehicle at end of loan, $7,200 Down payment for lease, $1,200 Monthly lease payment, $440 Length of lease, 48 months End-of-lease charges, $600 What other factors should a person consider when choosing between buying or leasing? action Los that Page 1 of 2 357 words Accessibility: Good to go 58F Cloudy OL
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