Dorek plans to buy a $32,773.00 car. The dealership offers zero percent financing for 50.00 months...
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Dorek plans to buy a $32,773.00 car. The dealership offers zero percent financing for 50.00 months with the first payment due at signing today). Derek would be willing to pay for the car in full today if the dealership offers him 5 cash back. He can borrow money from his bank at an interest rate of 4,49%. Subma Answer format: Currency: Round to: 2 decimal places. Suppose you deposit $1,025.00 into an account 6.00 years from today that earns 11.00%. It will be worth $1.842.00 years from today Bubmit Answer format: Number: Round to: 2 decimal places. Dorek plans to buy a $32,773.00 car. The dealership offers zero percent financing for 50.00 months with the first payment due at signing today). Derek would be willing to pay for the car in full today if the dealership offers him 5 cash back. He can borrow money from his bank at an interest rate of 4,49%. Subma Answer format: Currency: Round to: 2 decimal places. Suppose you deposit $1,025.00 into an account 6.00 years from today that earns 11.00%. It will be worth $1.842.00 years from today Bubmit Answer format: Number: Round to: 2 decimal places.
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To calculate the cashback amount Dorok needs from the dealership to make the purchase today we can s... View the full answer
Related Book For
Introduction to Finance Markets Investments and Financial Management
ISBN: 978-1118492673
15th edition
Authors: Melicher Ronald, Norton Edgar
Posted Date:
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