Lernen 400w SEGNO C ha Wie ch Type here to O G c 3 G 04 Score: 0 of 1 pt 2 of 10 (2 complete) HW Score: 20%, 2 of 10 pts P17-6 (similar to) 0 Lease venus purchase decision Personal Finance Problem Joan Browne is considering erwasing or purchasing a new Chrysler Sebring convertible that has a manufacturer's Suggested rutal price (MSRP) of 533,200 The dealership offers a years that requires a capital payment of 33.400(53026 down payment. 3375 deposit and many payments of 5404 Purchasing requires a 32.670 down payment sales tax of 81 (32.025), and 3 monthly payments of 5004 Joins estimates value of the car will be 317.000 at the end of 3 years. She can earn 54 annu interest on her savings and is subject 2018 sales taxon Durchase. Makororable recommendationen singa lease-versus that for simplicity ghores the time value of money Calculate the total cost of leasing e. Which should Joanna007 The total con el sena s Rout to the new dow) Calue the total cost of purchasing Enter your answer in the box and henck Checker 2 bat jawaptors .. 3 1065 Sunny 04 3:00 PM 5/21 2021 hp Homework: Homework 8 Save Score: 0 of 1 pt 2 of 10 (4 complete) HW Score: 40%, 4 of 10 pts P17-6 (similar to) Lease versus-purchase decision Personal Finance Problem Joanna Browne is considering either leasing or purchasing a new Chrysler Sebring convertible that has a manufacturer's suggested retail price (MSRP) of $33,200. The dealership offers a 3-year lease that requires a capital payment of $3,400 (53,025 down payment + 5375 security deposit) and monthly payments of $494. Purchasing requires a $2.870 down payment, sales tax of 6.1% (52.025) and 36 monthly payments of $904. Joanna estimates the value of the car will be 517,000 at the end of 3 years. She can earn 5.4% annual interest on her savings and is subject to a 6.1% sales tax on purchases. Make a reasonable recommendation to Joanna using a lease-versus purchase analysis that for simplicity ignores the time value of money a. Calculate the total cost of leasing b. Calculate the total cost of purchasing c. Which should Joanna do? a. The total cost of leasing is s (Round to the nearest dollar) Enter your answer in the answer box and then click Check Answer RICI 2 parts remaining