Using the following information, what is the cost to lease a car? • Security deposit $320 • Monthly lease payment $320 per month for a five - year lease • Opportunity cost of security deposit $320 * loan period (in years) * 2% interest • End-of-lease charges $520
A. $19,200.00
B. $19,784.00
C. $19,752.00
D. $20,072.00
E. $20,272.00
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