Please go to the linked word doc for this week's discussion post. buy or lease a vehicle. There is a link on the word doc to a sample Excel file. The link was not working for some students. Here it is an excel exampl. You must post first before you will be able to view those of your classmates. Once you have posted your thread you need to post two replies. All this is due by Sunday.

buy or lease a car?

Lease NPER PMT FV 36 199 350 0.004166667 Assumed $6,941.12 3,199 $10,140.12 RATE PV of costs Upfront cost 3 year cost 5% divided by 12 Purchase Purchase 25405 This is the cost today However, with a purchase you own the car. Let's she what the car is worth. Go to kbb or edmunds and find your car 3 years old Value PV 17436 $15,011.98 3 year cost $10,393.02