Question
Derek plans to buy a $27,583.00 car. The dealership offers zero percent financing for 57.00 months with the first payment due at signing (today). Derek
Derek plans to buy a $27,583.00 car. The dealership offers zero percent financing for 57.00 months with the first payment due at signing (today). Derek would be willing to pay for the car in full today if the dealership offers him $____ cash back. He can borrow money from his bank at an interest rate of 5.47%.
Plese show step by step for calculator. I dont understand log.
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
18th Edition
126409762X, 9781264097623
