Suppose that you are considering three alternatives:

Purchase a car outright with cash.

Purchase a car with 20% down and a 48-month loan.

Lease a car.

Select an automobile whose leasing contract is advertised online local.

Consider the following

Current interest rate of 5%

Your search of advertised leasing arrangements (options)

Perform a brief analysis of your findings (decision) whether you will:

Purchase a car outright with cash.

Purchase a car with 20% down and a 48-month loan.

Lease a car.

Briefly share your decision. For example, I decided to lease a car based on ______ _______.