Question
LEASE FACTS: Down Payment $ 1,500.00 Lease Term 36 Months Lease Payments $ 189.00 Per Month Buy Out Price - End of Lease $ 12,000.00
| LEASE FACTS: | |||||||||||||
| Down Payment | $ 1,500.00 | ||||||||||||
| Lease Term | 36 | Months | |||||||||||
| Lease Payments | $ 189.00 | Per Month | |||||||||||
| Buy Out Price - End of Lease | $ 12,000.00 | ||||||||||||
| Market Loan Rate | 8% | ||||||||||||
| Sales Tax | 6.75% | ||||||||||||
| Title Fee | $ 15.00 | Lower than the example in the lecture but use this | |||||||||||
| Your Highes Credit Card Rate | 15.00% | ||||||||||||
| Outright Purchase of Car (Before tax and title) Assume further that you do not take advantage of the opportunity to pay off credit card debt with the monthly lease savings. What is the NPV of the lease
| $17,000.00 |
|
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Bitcoin Cash What You Need To Know About Bch
Authors: Alexander O. M.
1st Edition
1976721229, 978-1976721229
