Question 13 • 26-27 Ignite Technical Math-Financial Math - MA2007
When you lease a car, your payments generally cover the car’s loss in value during the time you use it, plus fees and other costs. Buying means paying for the car’s full value, so leasing for a short time is usually cheaper. The correct choice is “in leasing a car you pay only for the depreciation of the car rather than the total value.”
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