Q5

Trevor was offered two options for a car she was purchasing: Lease option Pay lease amounts of $450 at the beginning of every month for 7 years. At the the end of 7 years, purchase the car for $14,000. Buy option Lease option Pay lease amounts of $450 at the beginning of every month for 7 years. At the the end of 7 years, purchase the car for $14,000. Buy option Purchase the car immediately for $29,500. Which option should she choose if money is worth 7.70% compounded monthly? every month for 7 years. At the the end of 7 years, purchase the car for $14,000. Buy option Purchase the car immediately for $29,500. Which option should she choose if money is worth 7.70\% compounded monthly? every month for 7 years. At the the end of 7 years, purchase the car for $14,000. Buy option Purchase the car immediately for $29,500. Which option should she choose if money is worth 7.70% compounded monthly? (click to select) Buy Option