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Purchase Costs Down payment $ 2 , 1 0 0 Loan payment $ 5 3 0 for 3 6 months Estimated value at end of

Purchase Costs
Down payment $ 2,100
Loan payment $ 530 for 36 months
Estimated value at end of loan $ 4,900
Opportunity cost interest rate 7 percent
Leasing Costs
Security deposit $ 1,410
Lease payment $ 520 for 36 months
End of lease charges $ 1,430
Based on the costs listed in the table above, calculate the costs of buying and of leasing a motor vehicle.
Note: Round your answers to the nearest whole number. find total purchase cost and total leasing cost.

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