Question: FINANCIAL CAL ANSWERS ONLY how do i do this on the finacia calculator? C. You are looking at leasing a new computer versus buying it.
C. You are looking at leasing a new computer versus buying it. Bull Gates gives you the following options: 1. Lease the computer for $110 per month for thirty months with the first payment coming one month from today. You would also have to pay $800 today and have the option of buying the computer for $800 at the end of the lease (30 months from now). 2. Purchase the computer for $1,600 down and borrow the remainder. The payments would be $75 per month for 48 months, starting one month from now. 3. Purchase the computer with $0 down and make a payment of $2,750 two years from now and another $2,750 three years from now. The current rate on a computer loan is 6% (monthly)
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