\begin{tabular}{l|r|r|} \hline Q2 & & \\ \hline Sales Price & $46,585 \\ \hline Down Payment & $15,000 \\ \hline Cash Rebate & $10,000 \\ \hline Bank Loan - Years & \\ \hline Bank Loan - Rate & 6 & \\ \hline Dealer Option - Years & 3.24% \\ \hline Dealer Option - Rate & 5.5 \\ \hline Payment (monthly) & 0.00% \\ \hline \end{tabular} \begin{tabular}{l|l|l|} \hline Q3 & \\ \hline Q3-A: NEW - Cash Rebate & $1,000 \\ \hline Q3-B: NEW - Interest Rate & 8.69% \\ \hline \end{tabular} 2019 Ford F-150 Lariat Truck EcoBoost V6 Engine with Application Time! Jessica would like to buy a new truck, she found the following ad - she has negotiated a sales price and has a down payment. She is eligible for the full cash rebate. Her bank has pre-approved her for a loan. Q2 Assuming Jessica wants the cheapest overall price, which option should she take? Should she take the financing offer from the dealer, or should she borrow from the bank to pay off the dealer and receive the cash rebate? (1) you will need to pull the data from the "Info Sheet" and (2) solve for the missing information. \begin{tabular}{|l|r|} \hline & Bank Option \\ \hline Dealer Option \\ \hline Bank or Dealer Selection Explanation & \\ \hline Dealer Option & \\ \hline \end{tabular} a sales price an. ancing offer you will 3 A) Now suppose she is only able to get $1,000 cash rebate (with the 3.24% financing from the bank). Does this change the decision? (1) you will need to pull the data from the "Info Sheet" and (2) solve for the missing information. B) Now suppose she is able to arrange financing for 8.69% instead of 3.24%. The cash rebate remains at $10,000. Does this change the decision? (1) you will need to pull the data from the "Info Sheet" and (2) solve for the missing information. k). Does this change information. ler (option Iotal cost nains ai $20,0000. ve for the missing \begin{tabular}{l|r|r|} \hline Q2 & & \\ \hline Sales Price & $46,585 \\ \hline Down Payment & $15,000 \\ \hline Cash Rebate & $10,000 \\ \hline Bank Loan - Years & \\ \hline Bank Loan - Rate & 6 & \\ \hline Dealer Option - Years & 3.24% \\ \hline Dealer Option - Rate & 5.5 \\ \hline Payment (monthly) & 0.00% \\ \hline \end{tabular} \begin{tabular}{l|l|l|} \hline Q3 & \\ \hline Q3-A: NEW - Cash Rebate & $1,000 \\ \hline Q3-B: NEW - Interest Rate & 8.69% \\ \hline \end{tabular} 2019 Ford F-150 Lariat Truck EcoBoost V6 Engine with Application Time! Jessica would like to buy a new truck, she found the following ad - she has negotiated a sales price and has a down payment. She is eligible for the full cash rebate. Her bank has pre-approved her for a loan. Q2 Assuming Jessica wants the cheapest overall price, which option should she take? Should she take the financing offer from the dealer, or should she borrow from the bank to pay off the dealer and receive the cash rebate? (1) you will need to pull the data from the "Info Sheet" and (2) solve for the missing information. \begin{tabular}{|l|r|} \hline & Bank Option \\ \hline Dealer Option \\ \hline Bank or Dealer Selection Explanation & \\ \hline Dealer Option & \\ \hline \end{tabular} a sales price an. ancing offer you will 3 A) Now suppose she is only able to get $1,000 cash rebate (with the 3.24% financing from the bank). Does this change the decision? (1) you will need to pull the data from the "Info Sheet" and (2) solve for the missing information. B) Now suppose she is able to arrange financing for 8.69% instead of 3.24%. The cash rebate remains at $10,000. Does this change the decision? (1) you will need to pull the data from the "Info Sheet" and (2) solve for the missing information. k). Does this change information. ler (option Iotal cost nains ai $20,0000. ve for the missing
