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Analyze the Situation and Explain How You Would Make a Decision

Question 75

Essay

Analyze the situation and explain how you would make a decision.
-You want a new car but plan to use it for only 2 years. The cost of leasing is $2,000 down
and $300 per month. The cost of buying is $20,000, and you can expect to sell it in two
years for approximately $12,000. Which is the better option?

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