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The IT department wishes to finance new cash register equipment, which financial option should they choose and why? Finance options You have $5,000 available 5%
- The IT department wishes to finance new cash register equipment, which financial option should they choose and why?
- Finance options
- You have $5,000 available
- 5% down, 5.5% interest rate, 5 year
- 7.5% down, 5.25% interest rate, 4 year
- 10% down, 5% interest rate, 3 year
- 15% down, 4.75% interest rate, 2 year
- 20% down, 4.5% interest rate, 1 year
- You can find cash registers via a Google search (although I would look for POS or point of sales instead). This is how you would do the research in business.
- Finance options
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