Use the following data: Purchase Costs Leasing Costs Security deposit: $2,000 Lease payment: $300 for 48 months End-of-lease charges: $825 Down payment: $6,000 Loan payment: $300 for 48 months Estimated value at end of loan: $5,500 Opportunity cost interest rate: 2 percent Calculate the costs of buying versus leasing a motor vehicle Answer is complete but not entirely correct. Cost of $ 14,688 buying Cost of $ 17,225 leasing