Lease us$.$ purchase car decision. Use Worksheet $5\mathrm{.}1.$ Fred Burk is trying to decide whether to lease or purchase a new car costing $$18,000.$ If he leases, he'll have to pay a $$600$ security deposit and monthly payments of $$450$ over the $36-$month term of the closed$-$end lease. On the other hand, if he buys the car, then he'll have to make a $$2,400$ down payment and will finance the balance with a $36-$month loan requiring monthly payments of $$515$; he'll also have to pay a $6$ percent sales tax$($$$1,080)$ on the purchase price, and he expects the car to have a residual value of $$6,500$ at the end of three years, Use the automobile lease versus purchase analysis form in Worksheet $5\mathrm{.}1$ to find the total cost of both the lease and the purchase, and then recommend the best strategy for Fred.M