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Please let me know what functions are used Roger has landed his first big contract. He is thinking o

Please let me know what functions are used Roger has landed his first big contract. He is thinking o

Roger has landed his first big contract. He is thinking of purchasing or leasing a Bentley 1. He can buy his dream car by takPlease let me know what functions are used

Roger has landed his first big contract. He is thinking of purchasing or leasing a Bentley 1. He can buy his dream car by taking out a 5 year loan for $20,000 at 7.30% interest rate per annum. He will need to repay in fixed monthly payments. 2. He can lease the vehicle from a local dealership instead. This 5 year lease option will require a $4,000 down payment and monthly payments of $230. The salvage value of the new vehicle after 5 years is S6,500 and you can invest at a rate of return of 4%. Buy Personal Investment Rate 4.0% 7.30% Interest Rate Number of years Value of Loan $20,000.00 6,500 Salvage Value Car Loan Payments Lease Down Payment 4,000 Monthly Payments 230 NPV of Buying Your sign matters here! NPV of Leasing Your sign matters here! Buy or Lease?

manish jayant 10-Apr-2020

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