ch sells for $1020. Instead of paying the total amount at the time of purchase, the same couch can be bought by paying $400 down and $60 a month for 12 months. How much is saved by paying the total amount at the time of purchase? A

Bahwan Automobiles is offering free credit of OMR25000 on a new corolla car. You pay OMR3000 down and then OMR500 a month for the next 25 months. OTE Motors in Sur does not offer free credit but will give you OMR3,000 off the list price. If the rate of interest is .5 % a month, which company is offering the better deal?

Your old car costs you $300per month in gas and repairs. If you replace​ it, you could sell the old car immediately for $2,000. To buy a new car that would last seven years, you need to pay out $12,200 immediately. Gas and repairs would cost you only $100 per month on the new car. Interest is 9​%compounded monthly. Should you buy a new car​ (Alternative 1) or keep your old car​ (Alternative 2)? Compute the net present value of each alternative and determine which alternative should be accepted or rejected according to the net present value criterion. What will be the net present value for Alternative 1 ​(Round the final answer to the nearest dollar as needed. Round all intermediate values to six decimal places as​ needed.) What will be the net present value for Alternative 2. ​(Round the final answer to the nearest dollar as needed. Round all intermediate values to six decimal places as​ needed.) What will be the preferred alternative.

You are considering the purchase of new living room furniture that costs $1,140. The store will allow you to make weekly payments of $25.12 for one year to pay off the loan. What is the EAR of this arrangment? Multiple Choice 27.39% 29.41% 32.99% 31.42%