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4. Provide a description of vehicle #2, a comparable used car. Calculate its total cost of ownership, being as detailed as possible in your costs.
4. Provide a description of vehicle #2, a comparable used car. Calculate its total cost of ownership, being as detailed as possible in your costs. Vehicle Description Vehicle Price Loan Terms Year 1 2 3 4 5 6 7 8 9 10 Sales Tax Down Payment Annual Payments Motor Vehicle Fee Other Taxes & Fees Insurance Fuel Maintenance & Repairs Salvage Value TOTAL Calculate the Net Present Value of this series of cash flows using a discount rate of 4%. Calculate the Net Present Value of this series of cash flows using a discount rate of 7%. 4. Provide a description of vehicle #2, a comparable used car. Calculate its total cost of ownership, being as detailed as possible in your costs. Vehicle Description Vehicle Price Loan Terms Year 1 2 3 4 5 6 7 8 9 10 Sales Tax Down Payment Annual Payments Motor Vehicle Fee Other Taxes & Fees Insurance Fuel Maintenance & Repairs Salvage Value TOTAL Calculate the Net Present Value of this series of cash flows using a discount rate of 4%. Calculate the Net Present Value of this series of cash flows using a discount rate of 7%
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