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show calculations in excel. Thank you! Please show your calculations in Excel and submit them via Moodle. Problem #1: Gessie is considering purchasing a 2023

show calculations in excel. Thank you!
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Please show your calculations in Excel and submit them via Moodle. Problem #1: Gessie is considering purchasing a 2023 Toyota Tundra for $43,250. The dealer is offering the following three options to own or lease the vehicle. If she normally changes her every four years, which option would you recommend? Why? Additional Information: Residual Value (Resale Value) =$28,800 (Note: Please exclude any personal property taxation or inflation from your calculations). Option 1. Receive a $500 instant cash rebate from the MSRP and purchase the car outright in cash. Option 2. Finance the vehicle for 72 months at 4.49% interest with a 10% down payment. Option 3. Lease the vehicle for 36 months with a $541 monthly payment and $3,191 due at signing for fees (with a 12,000 annual mileage limit). 1. What is the total cost of Option 1? 2. What is the monthly payment for Option 2 ? 3. What is the total cost of Option 2? 4. What is the total cost of Option 3 ? 5. Which option would you recommend based on the total cost of the car? Why? 6. Considering Option 3, what other factors should you consider? Provide at least 3 advantages and 3 disadvantages (for all three options) associated with this decision considering the total cost of the car, residual value of the car, cash flow, etc

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