The payments of a lease are $190 a month for 60 months.

Last updated: 8/14/2022

The payments of a lease are $190 a month for 60 months. Jessica paid a deposit of $580, a title fee of $95, and a license fee of $65. At the end of the lease she can buy the car for a residual value of $3,900. True or False: The total cost if she buys the car at the end of the lease is $16,040.