Which of the following statements explains the difference between a lease and a loan?
a.
At the end of a loan the car belongs to you, but at the end of a lease, the car still belongs to the lease company.
b.
At the end of a loan, the car still belongs to the lease company, but at the end of a lease the car belongs to you.
c.
A loan requires a large down payment at the beginning while a lease does not.
d.
A lease requires a large down payment at the beginning while a loan does not.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Which of the following statements explains the difference between a lease and a loan? a. At the end of a loan the car belongs to you, but ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
How did you figure out 7 as the pair of whole numbers
Answers (1)
When a number x is multiplied by 9, the result is 3/5. What is the value of x?
Answers (1)
Find the height of a square pyramid with volume 243.73 ft^3 and dimensions of base are 7.5 ft by 7.5 ft. 13 ft 8.67 ft 4.33 ft 9 ft
Answers (1)
9 (u - 2) + 1.5u = 8.25 what is the value of u?
Answers (1)
True or false: the sum of any two sides of a triangle are longer than the third side of the same triangle.
Answers (1)
New Questions in Mathematics
5.815 in mixed number
Answers (2)
An infant is 32.625 inches (in) long. Write this as a common fraction.
Answers (1)
Is the dilation of - 3/4 a contraction or an expansion?
Answers (1)
Complete the square x^2+2x-7=17 A) x=-1, x=3 B) x=5, x=-4 C) x=-1, x=4 D) x=-6, x=4
Answers (1)
There are 5,280 feet in one mile how many feet are in 143 miles?
Answers (2)