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Q2 Sales Price Down Payment Cash Rebate Bank Loan - Years Bank Loan - Rate Dealer Option - Years Dealer Option - Rate $36,585 $5,000

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Q2 Sales Price Down Payment Cash Rebate Bank Loan - Years Bank Loan - Rate Dealer Option - Years Dealer Option - Rate $36,585 $5,000 $10,000 3.2496 5 0.0096 Q3 Q3-A- NEW - Cash Rebate 03-B: NEW - Interest Rate $2,000 8.6996 A) Now suppose he is only able to get $2,000 cash back (with the 3.24% financing from the bank). Does this change the decision? (1) you will need to pull the data from the "Info Sheet' and (2) solve for the missing information Bank Option Dealer Option Difference in Bank & Dealer Option Total Cost Bank or Dealer Selection Explanation Sales Price Down Payment Cash Rebate NPER RATE PV PMT Total Payment Total Cost FV 0 0

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