Warning: Trying to access array offset on value of type bool in /home/topgsnkq/myessaydesk.com/wp-content/themes/enfold/framework/php/function-set-avia-frontend.php on line 637

Buy vs lease mathematics finance

GM is currently selling new cars for $45,000. If you wish, you can lease the car (instead of purchasing) for $910 per month paid at the beginning of each month, leased over 36 months. Suppose interest rates are ???? (12) = 6%. You have two choices: lease the car for 36 months; or, purchase it now with cash, and then sell the car for its residual value in 36 months. What must the value of the car be in 36 months for you to be indifferent between the 2 option

"Looking for a Similar Assignment? Order now and Get 15% Discount! Use Code "FIRST15"

"Do you have an upcoming essay or assignment due?

Get any topic done in as little as 6 hours

If yes Order Similar Paper

All of our assignments are originally produced, unique, and free of plagiarism.