Dear Maine Consumers,
If you lease car A, you pay $4,650 in year1, year 2, etc.) Note: consider all relevant cash flows for this problem. Lease A Purchase B Purchase C. Purchase price --- $18,000 $45,000. Total annual costs* $4,650 $900 ---Lifetime of the car 3 years 5 years 18 years * Includes all after-tax costs like fuel, wear and tear, maintenance, etc. ................
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