3
QuizMultiple Choice

Leasing vs. Buying a Car

Question 3 • 2025-2026 GSP Mathematical Reasoning for Decision Making

Cindy would like to lease a car worth $56,000 for a three-year period. The leasing company told Cindy that after three years, the car would have a residual value of $40,320. How much of the car’s original value will Cindy have to pay off during her three-year lease?a.$1,389b.$7,200c.$15,680d.$40,320

Answer
A
A
B
B
C
C
D
D
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