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QuizMultiple Choice

Buying vs Leasing a Car — Quiz

Question 1 • Financial Algebra/Mathematics

Keila is considering leasing a car that has a sticker price of $⁢25,000 The lease agreement states that she must pay 10% of the sticker price as a down payment. How much will Keila have to pay upfront?

Answer
A
2 dollars comma 500
B
2 dollars comma 000
C
3 dollars comma 500
D
3 dollars comma 000

Explanation

A 10% down payment means Keila pays one tenth of the car’s $25,000 sticker price upfront. Calculate $25,000 × 0.10 = $2,500, so the correct choice is $2,500.

AI-written and checked against the verified answer.

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