The residual value of the car is estimated to be $13,650. The lease has no termination fees or charges. If you decide to purchase, your bank requires a down payment of $3,800 and will finance the balance with a 10.25% APR loan for 36 months. The sales tax in your state is 6.5%, and the tag and title charges are $75. The opportunity cost is the interest your down payment could have earned if you didn't purchasethe vehicle. Currently, your money earns 4.5% in a savings account. Leasing price $19,995 and $249 a month for 36 mos, no security deposit, $2,500 at signing plus tax,tag, and title. a.)What is the total purchase price of the vehicle, including tax,tag, and title? b.) What are the monthly payments on the loans? c.) What is total cost of purchasing? d.) What is total cost of leasing? e.) Explain which of these financing choices is better deal and why?