Compare the cost of the following leasing agreement with the finance charge on a loan for the same time period.
Compare the absorb of the subjoined leasing unison after a while the finance arraign on a advance for the selfselfsame era era.
The compensation of the car is $14,000, and its proposed residual esteem at the end of filthy years is $3,000.
Capital absorb abatement $1,000
Disposition arraign $200
Other things life correspondent, one would omission to finance this car rather than assume this lease if the finance absorb were near than