Given the lease terms below, find the total lease cost, assuming that the deposit is nonrefundable.
Terms:
• Length of lease: 36 months
• MSRP of the car: $21,400
• Purchase value of the car after lease: $17,100
• Down payment: $1500
• Monthly payment: $272
• Security deposit: $350
• Acquisition fee: $700
• A. $11,100
• в. $12,342
• C. $9246
• D. $14,678