Question
The dealer has two options to lease a Ford Escape SE, $2500 with monthly payment of $89 for 24 months or no down payment and
The dealer has two options to lease a Ford Escape SE, $2500 with monthly payment of $89 for 24 months or no down payment and $209 as monthly payment for two years. What would be IRR for no down payment option?
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Amount of loan 2500 3D Term 2 Years 12 24 Periods Monthly paymen...
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Intermediate Accounting
Authors: David Spiceland, James Sepe, Mark Nelson, Wayne Thomas
8th edition
978-1259997525, 1259997529, 978-1259548185
