Given the lease terms below, what is the total price of this car if you buy it
after leasing, and you do not get the security deposit back?
Terms:
• Length of lease: 18 months
• MSRP of the car: $21,400
• Purchase value of the car after lease: $17,100
• Down payment: $1500
• Monthly payment: $479
• Security deposit: $350
• Acquisition fee: $700
O
O
O
A. $21,100
B. $21,172
C. $28,272
D. $20,794
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