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Incorrect Question 2 0/1 pts William needs a new car for work but expects to be promoted after 3 years and will no longer need
Incorrect Question 2 0/1 pts William needs a new car for work but expects to be promoted after 3 years and will no longer need a car. He wants to sell the car at the end of 3 years for $7500 at an interest rate of 12%. Using annual cash flow analysis which is the best option? A) Pay cash: initial price $26000 B) Lease the car: Monthly charges of $700 on a 36-monthly lease, payable at the end of each month; the car will be returned at the end of 3 years. C) Lease the car: Monthly charges of $720 on a 36-monthly lease, payable at the end of each month; a the end of 3 years William has the option to by the car for $7000. Answer in numerical format. Since we are dealing in months for band c and years for a. You will need to convert all the options to similar units covert all to months or all to years
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