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How its done with financial calculator or hand please Use the following information to solve questions $-s I have the following options A) I can
How its done with financial calculator or hand please
Use the following information to solve questions $-s I have the following options A) I can lease a car for $600 per month with an addirionsl upfront puyment term is for 3 years Given the terms of this agreement, the implied APR o of $100. The lease f this payment schedule is 5% t Puchase he car today for $27,000 I can sell the equipment at the end of the poriod for 5) What is the PV of all payments under the leasing arrangement? $8,000 Assume the appropriate APR is 5% and I want to discount on a monthly basis. a) $20,01942 b) $20,124 54 )$1,733.95 ADS20,119.42 e) $23,368.15 6) What is the PV of selling the car theee years in the future? 688781 b) 58,000.00 c) $6,910.70 d) $7,900.83 e) Insufficient information provided to determine the present value of the sale in 3 years 7) What is the cost of purchasing the car in present value terms? a)$20,112.19 $19,000.00 c) $20,089.30 d) 519,099.17 e) $25,618.74 8) Which option costs less? Purchasing or Leasing the car? a) Purchasing Step by Step Solution
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