Mathematics, 23.07.2021 02:20 justin5647

The car got to pay it off forcefully Tim needs a new car while he attends college for the next three years. The car he would like has an MRSP of $15,000. A
local dealer can get him a three-year loan with a 7% interest rate if Tim can make a $1,500 down payment. The same
dealer offers the same car for lease with a money factor of 0.00271 and a residual value of 75%. The lease requires an
additional fee of $1,250 to cover Tim's security deposit and the acquisition and documentation fees for the car. Tim is
looking to drive the car home with the smallest monthly payment. Should he buy or lease the car. Show work.

Answers: 3

Show answers

Another question on Mathematics

Mathematics, 21.06.2019 12:30

Arunning track in the shape of an oval is shown. the ends of the track form semicircles. a running track is shown. the left and right edges of the track are identical curves. the top and bottom edges of the track are straight lines. the track has width 56 m and length of one straight edge 130 m. what is the perimeter of the inside of the track? (π = 3.14) 260.00 m 347.92 m 372.00 m 435.84 m

Answers: 1

Answer

Mathematics, 21.06.2019 15:50

How many zeros does the function f(x)=4x3-x2+1 have

Answers: 1

Answer

Mathematics, 21.06.2019 17:30

Student price tickets to a movie are $1 and non student tickets are $2 . 350 tickets are sold and the total amount made is $450. there were 250 student tickets sold . true or false .

Answers: 1

Answer

Mathematics, 21.06.2019 22:30

Acredit union pays 5% annual interest, compounded daily, on savings deposits. find the value after one year of $500 deposited in this account. $525.64 $25.64 $20.40 $520.40

Answers: 2

Answer

You know the right answer?

The car got to pay it off forcefully Tim needs a new car while he attends college for the next thre...

Questions

Mathematics, 19.03.2021 20:20

How to solve 6x+4+5X+2=12X-4 to solve for x...