### PART B: Buy or Lease? ( (30 ) marks ( ) ) Here’s the scenario: you have ( $ 1900 ) in savings and you need a car. You qualify to either buy or lease a car, for a term of four years. You’ve gathered the following information: To buy the car The purchase price of the car is ( $ 14,900 ). A ( 5 % ) minimum down payment is required. The sales tax

PART B: Buy or Lease? ( (30 ) marks ( ) ) Here’s the scenario: you have ( $ 1900 ) in savings and you need a car. You qualify to either buy or lease a car, for a term of four years. You’ve gathered the following information: To buy the car The purchase price of the car is ( $ 14,900 ). A ( 5 % ) minimum down payment is required. The sales tax