Option A to buy new has a monthly payment of 338 dollars for 60 months, up-front cost of 2,500 dollars, and 275 dollars a month for insurance and gas. Option B to lease new has a monthly payment of 229 dollars for 36 months, up-front cost of 3,925 dollars, and 275 dollars a month for insurance and gas. Option C to buy used has a monthly payment of 250 dollars for 36 months, up-front cost of 2,000 dollars, and 225 dollars per month for insurance and gas. Based on your budget, which transportation option is the best financial decision for you? Explain your answer in at least two sentences.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Option A to buy new has a monthly payment of 338 dollars for 60 months, up-front cost of 2,500 dollars, and 275 dollars a month for ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
This deals with presidential succession
Answers (1)
Which of the following situations illustrate the problem of substitution bias in the construction of the CPI? Check all that apply.
Answers (1)
Which type of franchising involves a franchisee purchasing the right to use the franchisor's trade name without distributing particular products exclusively under the franchisor's name?
Answers (2)
Dome Metals has credit sales of $270,000 yearly with credit terms of net 90 days, which is also the average collection period. Assume the firm adopts new credit terms of 2/15, net 90 and all customers pay on the last day of the discount period.
Answers (1)
Required information [The following information applies to the questions displayed below Kirkland Theater sells season tickets for six events at a price of $60. For the 2019 season, 3,370 season tickets were sold b-2.
Answers (1)
New Questions in Business
A client's condition has resulted in a decrease in work demands of most cells in the body. Which change within the cell will likely result from this decrease in work?
Answers (1)
At the scene of the crime, the evidence collector found a damp, bloody shirt. the evidence collector quickly wrapped the shirt in a paper bindle. he inserted the paper bindle with the shirt into an evidence bag.
Answers (1)
What may managers rely on to decide if they'd like to interview a candidate in person?
Answers (1)
How are direct lending and dealer financing similar? And which is the better option?
Answers (1)
Suppose that a worker in Tabletland can produce either 4 tablets or 1 television per year, and a worker in Ledville can produce either 2 tablets or 4 televisions per year. Each nation has 50 workers.
Answers (2)