Leasing the Storefront Location Down payment {A} $300.00 Interest (compounded annually) {B} 2.20% Term in months {F} 27 Monthly payments (without {G} $315.75 HST) (beginning-of-month payments) Residual (FV) payment to own {H} $5,000.00 Financing the Storefront Location Down payment {A} $300.00 Interest (compounded annually) {B} 2.20% List Price {C} $12,789.00 Additional purchase costs {E} $1,421.00 Term in months {F} 27 I Step 3: Solve Problems e the n-Cow below which presents are wond cunario for the application of financial mathematics concepts Complete tw colutions indicated in each Bount port For each calculation/port, bo sure to snow your work (the value to obtain your answer along with any leon time) and and statement de sure your work clear and professional throughout Mini-Case Jedda a graduate of Combrion Collectors Business Progion found a job or fencia investment speciellt within a large tranciating tem in Ontaries the storie het nemmit sert who is looking to wpando stortront location for the client's boutique clothing shoppe The Centras saved (A) and is looking for advice on whether to lose Finance a new storeront location. Lenne payments are more at the beginning of each montana froncang payments are made at the end of each month. Attum arate of interest of {u} compounded annually for both options Additional purchase costs for the troncing option leche et and additional foes to transfer own At the end of the terms of the late option, Jacdon chat wil have the option to purchase the storeront location for PARTA In order to make it very clear for a chant seddo put together the following tate for both options Complete the necessary calculations (nowing at your work) order to complete the test Losing the storefront Financing the stortront Location Location Down Payment Intret Rote (compounded annual) Adicional purchase cos Total Price to Finance IND Termin months Month BON payment Resi(FV) poretto own Leasing the Storefront Location Down payment {A} $300.00 Interest (compounded annually) {B} 2.20% Term in months {F} 27 Monthly payments (without {G} $315.75 HST) (beginning-of-month payments) Residual (FV) payment to own {H} $5,000.00 Financing the Storefront Location Down payment {A} $300.00 Interest (compounded annually) {B} 2.20% List Price {C} $12,789.00 Additional purchase costs {E} $1,421.00 Term in months {F} 27 I Step 3: Solve Problems e the n-Cow below which presents are wond cunario for the application of financial mathematics concepts Complete tw colutions indicated in each Bount port For each calculation/port, bo sure to snow your work (the value to obtain your answer along with any leon time) and and statement de sure your work clear and professional throughout Mini-Case Jedda a graduate of Combrion Collectors Business Progion found a job or fencia investment speciellt within a large tranciating tem in Ontaries the storie het nemmit sert who is looking to wpando stortront location for the client's boutique clothing shoppe The Centras saved (A) and is looking for advice on whether to lose Finance a new storeront location. Lenne payments are more at the beginning of each montana froncang payments are made at the end of each month. Attum arate of interest of {u} compounded annually for both options Additional purchase costs for the troncing option leche et and additional foes to transfer own At the end of the terms of the late option, Jacdon chat wil have the option to purchase the storeront location for PARTA In order to make it very clear for a chant seddo put together the following tate for both options Complete the necessary calculations (nowing at your work) order to complete the test Losing the storefront Financing the stortront Location Location Down Payment Intret Rote (compounded annual) Adicional purchase cos Total Price to Finance IND Termin months Month BON payment Resi(FV) poretto own
