DO NOT COPY FROM OTHER CHEGG ANSWERS

pleass give 2 examples . there is a example in attached photos to help.

Hw1-B: Objective: Try to learn the use of the PV function in decision making. Due: Thursday TO DO Use the Excel financial functon PVMe assume 1/12, number of months to pay amount to pays) to solve the following question(or your own question) Assume you have a car you prefer to purchase and an option to lease it if this car is $20,000 and lease option is 275/month. What would the economical analysis tool, PV will suggest. Explain in your own words, in detail. Note: (Remember car maintenance costs are not included yet and you are ok with using this car for 8 years Note: You are free to use your own data for comparison. Attached is the class example to help you ECONOMICAL DECISION MAKING TOOLS Worth Value of a Cash flow. Today value of your monhtly payments oven months Getting A Car:Purchase or Lease Note: Two options 1- purchase 12K Copying and submitting the same example 2. Lease $300/mnth doesn't help a student to learn Assume it lasts 10 years and Hlustrates this student have ethical challenges to work on 10 years 120 months A student must study this and try to create his/problem and solve it the same way 1. Purcha $12,000 it will cost you only $12,000 to learn the process. price If you keep your car for 10 years. Remember, maintenance cost are there Also, some don't like to drive 10 years old car 2. Lease ($31,068.53 -PV(3X/12, 120, 300) fee at 3% interest per year, over 120 $300/mnth months, the 300 payments/month Instead, If you lease a car and pay $300 during this time. Intodays dollars, it is equivalent of paying 3IK Advantges are, you have a new car and don't pay maintenance costs. Maintenance cost must be included in 12K. Hei Wid Ro Hw1-B: Objective: Try to learn the use of the P function in decision making Due: Thursday TO DO Use the Excel financial functon PVI rate asune/12, unter of me to pay total amount to py) to solve the following question or your own question) Assume you have a car you prefer to purchase and an option to lease it if this car is $20,000 and lease option is 275/month. What would the economica Vanalysis tool, PV will suggest. Explain in your own words, in detail. Note: (Remember car maintenance costs are not included yet and you are ok with using this car for 8 years Note: You are free to use your own data for comparison, Attached is the class example to help you. Example: CAL DECISIO your monhtly payments oven months Getting A Car:Purchase or Lease Note: Two options 1- purchase 12K Copying and submitting the same example 2 - lease $300/mnth doesn't help a student to learn Assume it lasts 10 years and illustrates this student have ethical challenges to work on, 10 years 120 months A student must study this and try to create his problem and solve it the same way 1 - Purcha $12,000 it will cost you only $12,000 to learn the process price if you keep your car for 10 years. Remember, maintenance cost are there Also, some don't like to drive 10 years old car 2 - Lease ($31,068.53 -PV(3X/12, 120, 300) fee at 3% interest per year over 120 $300/mnth months, the 300 payments/month Instead, If you lease a car and pay $300 during this time. Intodays dollars, it is equivalent of paying JIK Advantges are, you have a new car and don't pay maintenance costs. Maintenance cost must be included in 12K