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Purchase Costs Down payment Loan payment Estimated value at end of loan Opportunity cost interest rate Leasing Costs Security deposit Buying and Leasing $ 1,500

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Purchase Costs Down payment Loan payment Estimated value at end of loan Opportunity cost interest rate Leasing Costs Security deposit Buying and Leasing $ 1,500 Total purchase cost Total leasing cost $690 for 36 months $ 4,300 6 percent Lease payment End of lease charges 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. $ 1,130 $ 400 for 36 months $ 1,080

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