Compare the cost of the following leasing agreement with the finance charge on a loan for the same time period: The value of the car is $15,000 at the beginning of the lease period, and its projected residual value at the end of three years is $4,000. The lease requires a $500 down payment. Monthly payment Acquisition fee Disposition charge O $790 O $1.290 O $1,790 $315 Other things being equal, one would want to finance this car rather than take this lease if the finance cost were O $2,390. $300 $150 or less.