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Purchase Costs Leasing Costs Down payment $ 1,700 Security deposit $ 1,180 Loan payment $ 620 for 36 months Lease payment $ 530 for 36

Purchase Costs Leasing Costs
Down payment $ 1,700 Security deposit $ 1,180
Loan payment $ 620 for 36 months Lease payment $ 530 for 36 months
Estimated value at end of loan $ 4,600 End of lease charges $ 740
Opportunity cost interest rate 4 percent

Based on the costs listed in the table above, calculate the costs of buying and leasing a motor vehicle. (Round your answers to the nearest whole number.)

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