Question
1a. Our text discusses the time value of money as well as purchase versus lease options. Research current auto loan interest rates through your local
1a. Our text discusses the time value of money as well as purchase versus lease options. Research current auto loan interest rates through your local bank or online sources. Find the current rates for both new and pre-owned autos. You will also need to find the rates and policies in leasing a car. Then determine if it would be better to finance a car or lease a car in today's current economy. Share any personal experiences you have with leasing versus purchasing to add to the discussion.
1b. A movie, The Wolf of Wall Street, brought much attention to the stock market. What is your opinion of investing in the stock market? If you were given $10,000 as a gift, would you consider placing the funds in the stock market? If so, what types of investments would you make that you consider safe in today's market? If you did not see the movie, there are many reviews and information available on it. Do you think people's ideas of investing might change once they've watched such a movie?
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