Mathematics, 22.12.2020 01:00 hibbo579
An off road sport utility vehicle is advertised with a purchase price of $43,995.00. Shelli is considering the following options in buying the SUV.
Option 1: Purchase the Vehicle with a Loan
Shelli will make a down payment of $8,000 if she chooses this option.
The monthly payments for a loan at 7.95% per year on the balance will be $765.44 per month for 5 years.
Option 2: Lease the Vehicle
No down payment is required, but Shelli will make a down payment of $8,000 if she chooses this option.
The lease rate is 7.75% per year for 4 years.
The monthly lease payment is $626.25 for 4 years.
To buy the SUV at the end of the lease, it's buyout is 38% of the original value.
Calculate the total cost to own the SUV for each option. Which option is the cheapest for Shelli and by how much?
Option 2, by $851.70
Option 1, by $1,002.75
Option 2, by $1,002.75
Option 1, by $851.70
Answers: 1
Mathematics, 21.06.2019 20:00
Select the number of ways in which a line and a circle can intersect
Answers: 3
Mathematics, 21.06.2019 20:50
The first side of a triangle measures 5 in less than the second side, the third side is 3 in more than the first side, and the perimeter is 17 in. how long is the third side? if s represents the length of the second side, which of the following represents the length of the third side? s-5 ws-2 s+ 3 next question ask for turn it in
Answers: 1
Mathematics, 22.06.2019 01:30
(01.03 mc) which of the following is a step in simplifying the expression x multiplied by y to the power of 2 over x to the power of negative 3 multiplied by y to the power of 3, the whole to the power of negative 4. select one: a. x to the power of negative 4 multiplied by y to the power of negative 2, the whole over x to the power of negative 7 multiplied by y to the power of negative 1. b. x to the power of negative 4 multiplied by y to the power of negative 8, the whole over x to the power of 12 multiplied by y to the power of negative 12. c. x to the power of negative 4 multiplied by y to the power of negative 8, the whole over x to the power of negative 3 multiplied by y to the power of 3. d. x to the power of negative 4 multiplied by y to the power of negative 2, the whole over x to the power of negative 3 multiplied by y to the power of 3.
Answers: 3
Mathematics, 22.06.2019 02:50
Given the functions, fx) = x^2-4 and g(x) = x+ 2, perform the indicated operation. when applicable, state the domain restriction. f(g(x))
Answers: 1
An off road sport utility vehicle is advertised with a purchase price of $43,995.00. Shelli is consi...
Biology, 04.11.2020 16:10
French, 04.11.2020 16:10
Advanced Placement (AP), 04.11.2020 16:10
Mathematics, 04.11.2020 16:10
English, 04.11.2020 16:10
Chemistry, 04.11.2020 16:20
French, 04.11.2020 16:20
Chemistry, 04.11.2020 16:20
Mathematics, 04.11.2020 16:20
Physics, 04.11.2020 16:20
Mathematics, 04.11.2020 16:20
Social Studies, 04.11.2020 16:20
French, 04.11.2020 16:20
Biology, 04.11.2020 16:20