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Saved Problem 6-10 (LO6.2) Use the following data: Purchase Costs Down payment: $4,200 Loan payment:...

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Saved Problem 6-10 (LO6.2) Use the following data: Purchase Costs Down payment: $4,200 Loan payment: $360 for 48 months Estimated value at end of loan: $4,900 Opportunity cost interest rate: 2 percent Leasing Costs Security deposit: $1,400 Lease payment: $360 for 48 months End-of-lease charges: $735 Calculate the costs of buying versus leasing a motor vehicle. Cost of buying Cost of leasing

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