Given below are lease terms at the local dealership. What is the total depreciation fee for this car? Terms Length of lease: 36 months • MSRP of the car: $22,750 • Purchase value of the car after lease:

Given below are lease terms at the local dealership. What is the total

depreciation fee for this car?

Terms

Length of lease: 36 months

• MSRP of the car: $22,750

• Purchase value of the car after lease: $16,900

• Down payment: $1800

• Monthly payment: $425

• Security deposit: $375

• Acquisition fee: $300

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Given below are lease terms at the local dealership. What is the total depreciation fee for this car? Terms Length of lease: 36 months • MSRP of the car: $22,750 • Purchase valu…

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