Leslie wanted to invest $14,000 for one year. She had three options: Option 1 would pay her a 2.3% annual interest rate for the year. Option 2 would pay a 0.45% monthly interest rate for 1 year. Finally, Option 3 would would provide Leslie with $440 of interest at the end of one year. How much interest would Leslie earn under option 1?

Eastern Motors Auto Dealership wanted to estimate the average CLV over a 5 year time horizon of a customer who purchases a new vehicle. The average vehicle sells for $24,200 and has a margin of 7%. Based on historical averages, 76% of people buying a new vehicle at Eastern will return for service 10 times over the next 5 years. Though it varies considerably, Eastern generates approximately $122 in margin on each service visit after accounting for parts and direct labor costs.

Not including service, what is the average dollar margin for each new vehicle sold?