Lease versus purchase decision Personal France Problem Joanna Brown is considering the leasing purchasing a new Chrysler Sebring on e that has a manche subjected tal price ISO 3100 The deship of a 3 year lease that requires a capital payment of 3.160 (52,975 down payment + $575 securly depost) and only payment of 19 Purchasing require a 32.650 down payments of 64% (57.1 and 36 monthly payments of 91Joanna esimes the value of the car wil be $17,000 M the end of 3 years she can eam rama s on her savings and subject 6.4sales to purchases. Mybe sonable recommendation to Joanna using alas-versus purchase analysis that for simplicity goes the time value of money Calculate the total cost of leasing b. Calculate the cost of purchasing c. Which shodd Joanna do? The total cost of sing is Round to the nearest dollar) The total cost of purchasing is Round to the nearest star.) Which should Jeho do? Joanna should the car Select from the drop-down menu Lease versus purchase decision Personal France Problem Joanna Brown is considering the leasing purchasing a new Chrysler Sebring on e that has a manche subjected tal price ISO 3100 The deship of a 3 year lease that requires a capital payment of 3.160 (52,975 down payment + $575 securly depost) and only payment of 19 Purchasing require a 32.650 down payments of 64% (57.1 and 36 monthly payments of 91Joanna esimes the value of the car wil be $17,000 M the end of 3 years she can eam rama s on her savings and subject 6.4sales to purchases. Mybe sonable recommendation to Joanna using alas-versus purchase analysis that for simplicity goes the time value of money Calculate the total cost of leasing b. Calculate the cost of purchasing c. Which shodd Joanna do? The total cost of sing is Round to the nearest dollar) The total cost of purchasing is Round to the nearest star.) Which should Jeho do? Joanna should the car Select from the drop-down menu