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 $10\%$ 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, and assuming that she drives the car

within the millage limits for lease, which will cost you more, leasing or buying? And how

much?