given the following information calculate the present value cost of leasing this car

Question 10 Given the following information calculate the present value cost of leasir Purchase price = $20,000 Lease security deposit = 600 Monthly lease payment = 475 Lease term = 3 years (closed end lease) Down payment for purchase $2,500 Monthly purchase payments = 567 Sales tax on purchase = 5% Residual value of car in three years = 5.200 Interest rate = 6% Question 11 Given the following information calculate the present value cost of owi Purchase price = $20,000 Lease security deposit = 600