On the Tesla website, it has the new Model X price listed at $89,000. Tesla will take
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Question:
On the Tesla website, it has the new Model X price listed at $89,000. Tesla will take $6290 off this price for what they call a gasoline savings. Then there is an additional charge of $1200 for destination and document fees.
Tesla requires a down payment of $7500. The loan will require 72 monthly payments.
Lets say the interest rate is 2.49% nominal rate compounded monthly.
- What is the loan amount?
- What is the monthly interest rate?
- What will your monthly car payment be if you buy it?
- (12 points) An Engineer is evaluating automating an assembly line with equipment that has a life of 5 years.
8. Using this motor would result in labor savings of $8000 in 1styear then increasing annually by 3% through the 5 year life.
If i = 10%
Related Book For
Essentials Of Contemporary Management
ISBN: 9780078137228
4th Edition
Authors: Gareth R. Jones, Jennifer M. George
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