Business, 19.02.2021 01:00 wanderlay29
After deciding to buy a new car, you can either lease the car or purchase it on a 6 year loan. The car you wish to buy costs $45,000. The dealer has a special leasing arrangement where you can pay $500 today and $600 per month for the next 6 years. At the end of the lease period, you return the car to the dealer. If you purchase the car, you will pay it off in monthly payments over the next 6 years at a 6.8% APR with monthly compounding. This is the appropriate discount rate for the lease payments as well. If you purchase the car, you believe that you could sell the car for $30,000 in 6 years. What is the net cost to lease the car? (Express answer as a positive number and round to the nearest dollar)
Answers: 2
Business, 22.06.2019 08:00
Compare the sources of consumer credit(there's not just one answer)1. consumers use a prearranged loan using special checks2. consumers use cards with no interest and non -revolving balances3. consumers pay off debt and credit is automatically renewed4. consumers take out a loan with a repayment date and have a specific purposea. travel and entertainment creditb. revolving check creditc. closed-end creditd. revolving credit
Answers: 2
Business, 22.06.2019 11:00
The following information is available for ellen's fashions, inc. for the current month. book balance end of month $ 7 comma 000 outstanding checks 700 deposits in transit 4 comma 500 service charges 120 interest revenue 45 what is the adjusted book balance on the bank reconciliation?
Answers: 2
Business, 22.06.2019 12:30
Provide an example of open-ended credit account that caroline has. caroline blue's credit report worksheet.
Answers: 1
Business, 23.06.2019 00:30
It's possible for a debt card transaction to bounce true or false
Answers: 1
After deciding to buy a new car, you can either lease the car or purchase it on a 6 year loan. The c...
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