CSR342 2022 SP Week 6 Assignment Assignment 1. A. John will purchase Equinox EV ($35,000). John's credit score (FICO Score) is 750. Based on the credit score, John can get 60 months auto-loan from WL Land Bank with 4.0% APR. John will pay the down payment as much as $5,000. B. Smith will purchase Equinox EV ($35,000). Smith's credit score (FICO Score) is 625. Based on the credit score, Smith can get 60 months auto-loan from WL Land Bank with 6.5% APR. Smith will pay the down payment as much as $5,000. [1] Explain who will pay more and how much pay more [no word limit] Correct answer existed but close answer will be considered as good; To compare John and Smith's cases, utilize the excel file on Brightspace (Excel WorkSheet 6.8). Even if it is named as mortgage amortization table, the auto payment (amortization plan) is totally same. Your answer should be like "John will pay less/more than Smith $--- per a month."

CSR342 2022 SP Week 6 Assignment Assignment 1. A. John will purchase Equinox EV ($35,000). John's credit score (FICO Score) is 750. Based on the credit score, John can get 60 months auto-loan from WL Land Bank with 4.0% APR. John will pay the down payment as much as $5,000. B. Smith will purchase Equinox EV ($35,000). Smith's credit score (FICO Score) is 625. Based on the credit score, Smith can get 60 months auto-loan from WL Land Bank with 6.5% APR. Smith will pay the down payment as much as $5,000. [1] Explain who will pay more and how much pay more [no word limit] Correct answer existed but close answer will be considered as good; To compare John and Smith's cases, utilize the excel file on Brightspace (Excel WorkSheet 6.8). Even if it is named as mortgage amortization table, the auto payment (amortization plan) is totally same. Your answer should be like "John will pay less/more than Smith $--- per a month."

Financial Accounting: The Impact on Decision Makers

10th Edition

ISBN:9781305654174

Author:Gary A. Porter, Curtis L. Norton

Publisher:Gary A. Porter, Curtis L. Norton

Chapter9: Current Liabilities, Contingencies, And The Time Value Of Money

Section: Chapter Questions

Problem 9.8P

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upie Present -. Home | Dhofar Un Yu USS 105-Sec 4_Sp20-21 (Sun-Tu) board My courses / B105@4 Sp20-21 / General / Final Examination_Sp20-21 AYI l A stion 3 Quiz navi yet vered If you are expecting to get OMR 7100 at the end of 17 years. Calculate its present value if the discount rate is 2.5% computed monthly. ked out of Select one: 10 11 O a. None of the options lag stion 19 O b.2643.81 O c. 5643.81 28 29 3 d. 4643.81 Finish attemp O e. 7643.81 Time left 1:47 MI NOTE 10 LITE CC AI QUAD CAMERA evious page Next page 20
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