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Please answer all parts for positive feedback :) General Motors advertised three alternatives for a 14-month lease on a new Tahoe: (1) zero dollars down
Please answer all parts for positive feedback :)
General Motors advertised three alternatives for a 14-month lease on a new Tahoe: (1) zero dollars down and a lease payment of $1,900 per month for 14 months, (2) $6,500 down and $1,700 per month for 14 months, or (3) $41,000 down and no payments for 14 months. (Table B.1, Table B.2. Table B.3, and Table B.4) (Use appropriate factor(s) from the tables provided.) Calculate the total present value of lease payments under the three alternatives (assume the annual interest rate is 12% compounded monthly). n = i II Option 1 Amount Present Value Table Value 1.0000 Down Payment Monthly Payments Total Present Value Option 2 Down Payment Monthly Payments Total Present Value Table Value Amount Present Value 1.0000 Table Value Amount Present Value Option 3 Down Payment Total Present Value 1.0000 Indicate which is the best alternative (assume you have enough cash to accept any alternative). Option 1 Option 2 O Option 3 One advantage of e-retailing is the depth and breadth of selection it offers. True or False True FalseStep by Step Solution
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