What Would Be the Total Cost of Leasing a Vehicle

question 72

Multiple Choice

What would be the total cost of leasing a vehicle for four years that requires a security deposit of $1000 (which would be withdrawn from your portfolio,which earns nine percent per year) ,has monthly lease payments of $500,and has a kilometer restriction of $20000 with excess kilometers resulting in a charge of 10 cents per kilometer? (Assume that,over the life of the lease,you exceed the kilometer limit by 8000.)

• A)$24 420
• B)$24 360
• C)$24 800
• D)$25 160

---

Definitions:

Citizenry's Life

The collective lifestyle, experiences, and conditions of the citizens living within a particular country or community.

Power Resource Theory

Holds that the distribution of power among major classes partly accounts for the successes and failures of different political parties over the long term.

Political Power

The ability to influence or control the policies and actions of a government or society, often held by elected officials, governments, or influential groups and individuals.

Group Interests

The collective goals or concerns shared by a group of people, typically relating to their welfare, rights, or social and economic advancement.