Mona needs to determine whether to lease or buy a car for 4 years. The purchase price is $30,000 (including taxes and dealer fees). Her bank is offering the most competitive financing deal: 2% APR for a 4-year loan with a 10% down payment. The dealer’s 4-year lease agreement requires a monthly payment of $299 with a capitalized cost reduction of $2,000 and a $500 security deposit. The estimated value of the car at the end of 4 years is $12,000. Without consideration for forgone interest, which will cost you more, leasing or buying? And how much?