Question
Facts and Assumptions: Lease Term in Months 24 Lease Down Payment $ 500.00 Monthly Lease Payments $ 300.00 Sales Tax Rate 8% Lease Buyout at
| Facts and Assumptions: | |
| Lease Term in Months | 24 |
| Lease Down Payment | $ 500.00 |
| Monthly Lease Payments | $ 300.00 |
| Sales Tax Rate | 8% |
| Lease Buyout at End | $ 15,000.00 |
| Title Fee | $ 25.00 |
| Car Loan Market Rate | 7% |
| Outright Purchase Price Before Tax and Title | $ 19,500.00 |
What is the NPV of the lease? Round you answer to the nearest whole number. Do not use $, commas, or decimal points and enter as a positive number. For example, -$34,567.50 would be entered as 34568.
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Fundamentals Of Multinational Finance
Authors: Michael Moffett
6th Global Edition
1292215216, 978-1292215211
