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Please, l need both excel and formular calculation You need a new car. You can either lease or buy the car for 365000 SEK. In
Please, l need both excel and formular calculation You need a new car. You can either lease or buy the car for 365000 SEK. In both cases you expect to use the car for 5 years. It will have a residual value of 120000 SEK after 5 years. You can borrow at a rate of 3.5%. (c) You remember the corporate finance classes at JIBS that you took long time ago and you recognize that a comparison of the rates from (a) and (b) is not meaningful, in particular since in (a) you will own the car and you could sell it at its residual value. Furthermore, you also notice that you can deduct the interest payments on the loan from your income tax so that the after-tax interest rate is 0.7 times the pre-tax rate. The residual value shall be used to make a balloon payment on the remaining loan amount to repay it completely. What will be your monthly payments considering both the balloon loan repayment using the residual amount and also the tax consequences from interest payments? The monthly payments on the loan will be in this case_____ SEK. (round to SEK, no decimals, no comma as thousand separator)
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