What Would Be the Total Cost of Leasing a Vehicle

Multiple Choice

What would be the total cost of leasing a vehicle for four years that requires a security deposit of $1000 (which would be withdrawn from your portfolio,which earns nine percent per year) ,has monthly lease payments of $500,and has a kilometer restriction of $20000 with excess kilometers resulting in a charge of 10 cents per kilometer? (Assume that,over the life of the lease,you exceed the kilometer limit by 8000.)

A) $24 420
B) $24 360
C) $24 800
D) $25 160