for how many months can you lease this car with $10,000

Mathematics
Tutor: None Selected Time limit: 1 Day

The cost of leasing a new Ferrari is $2,311 for a down payment and processing fee plus $276 per month.

Jun 6th, 2015

Thank you for the opportunity to help you with your question!

after down payment, the remaining amount = 10000-2311=7689

fee per month=276

number of months=7689/276

27.9 months............approximately 28months


Please let me know if you need any clarification. I'm always happy to answer your questions.
Jun 6th, 2015

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