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Click Submit to complete this assessment Question 37 **EXTRA CREDIT You have the option of either 1) Purchasing a car for $32,880 with 10% down

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Click Submit to complete this assessment Question 37 **EXTRA CREDIT You have the option of either 1) Purchasing a car for $32,880 with 10% down and making 60 equal monthly payments including interest. The bank wil charge you 9% Or 2) Leasing the car for 5800 per month for 60 months with a down payment of 51.000 You can purchase the car at the end of the lease for $2.500 Which of the following is correct? Leasing is better by $224.80 Buying is better by $224.00 Leasing is better by 5010.01 Buying is better by S01001 None of these is correct Click Submit to complete the assessment 1. 1

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