What would be the total cost of leasing a vehicle for four years that requires a security deposit of $1,000.00 (which would be withdrawn from your portfolio, which earns 9% per year., has monthly lease payments of $500.00, and has a mileage restriction of 20,000 with excess mileage resulting in a 10 cents per mile charge? Assume over the life of the lease you exceed the mileage limitations by a total of 8,000 miles.
A. $25,160.00
B. $24,000.00
C. $24,360.00
D. $24,800.00
Answer: A. $25,160.00
Business
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TQM stands for:
A) Thomas Quinn Mann, a famous data quality innovator. B) Total Quality Manipulation. C) Transforming Quality Management. D) Total Quality Management.
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