2.4 Buy, Rent, or Lease?

NEL 2.4 Buy, Rent, or Lease? 121 example 1 Solving a problem that involves leasing, buying, or renting a vehicle Mitchell’s Solution Leasing: The term is 4 years. The down payment is $4000. The lease, at $380 per month, is 380 # 12 # 4 or $18 240. The insurance, at $1220 per year, is 1220 # 4 or $4880. Repairs and maintenance, at $50 per month, ................
................