What Would Be the Total Cost of Leasing a Vehicle

question 51

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would be the total cost of leasing a vehicle for four years that requires a security deposit of $1000 (which would be withdrawn from your portfolio, which earns 9 percent per year) , has monthly lease payments of $500, and has a kilometer restriction of 20 000 with excess kilometers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

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Definitions:

Brainstem Structures

The lower part of the brain that connects the cerebrum with the spinal cord and controls basic life functions such as breathing.

Limbic System

A complex system of nerves and networks in the brain, associated with instincts, moods, and emotions.

Anterior Thalamus

A part of the thalamus located towards the front of the brain, playing a role in relaying sensory information and in the regulation of consciousness and sleep.

Medial Forebrain Bundle

A neural pathway in the brain that connects the brainstem to various structures in the forebrain, involved in the mediation of reward and pleasure.