# Given below are lease terms at the local dealership. What is th…

## Question 2b of 10 - Car Lease

**Maximum Attempts:**1**Question Type:**Multiple Choice**Maximum Score:**2**Question:**Given below are lease terms at the local dealership. What is the total cash due at signing?

**Terms:**

Length of lease = 24 months

MSRP of the car = $17,500

Purchase value of the car after lease = $9900

Down payment = $2400

Monthly payment = $425

$375 security deposit

$500 acquisition fee**Answers:**

- $3400
- $3700
- $3275
- $375

**The correct answer is:** $3700

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