Given below are lease terms at the local dealership. what is the total cash due at signing? terms: length of lease = 24 monthsmsrp of the car = $17,500purchase value of the car after lease = $9900down payment = $2400monthly payment = $425security deposit = $375acquisition fee = $500

Step-by-step explanation:

It is given that  below are lease terms at the local dealership:

Let C be the total cash due at signing, D be the down payment, M be the monthly payment, S is the security deposit and A be the Acquisition fee, thus

D=$2400,

M= $425,

S= $375 and

A=$500

Now, The total cash due at signing consists of the down payment, Security deposit, Monthly payment and Acquisition fee in case of the local dealership, thus

Therefore, The total cash due at signing will be $3700.

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step-by-step explanation: