t to buy a Honda Civic. The MSRP is ​$26,185. Honda offers a purchase financing plan with no money down and ​48 end-of-month payments of ​$550. Should you buy the car for cash or take​ Honda's purchase​ financing? You have the cash and you could invest it and earn at least ​4%.    Question content area bottom Part 1 What is the present value of all the​ payments? ​(Round to the nearest​ cent.) Which of the following statements is​ true?  ​(Choose the best​ response.) A. You should borrow money to buy the car because its present value is lower. B. You should pay cash to buy the car b

Data Table Problem Financing a Car What can I afford? We can figure out the monthly payment to finance a car using the PMT function in Excel. That payment will be dependent on how much the car costs and the interest rate. Let's fix the duration of the loan to 5 years. Once we figure out the monthly paymenet for say $25,000 loan at 4.00% annual interest rate, then we can create a Data Table to see how the monthly payment is affected for all combinations of loan amounts and annual interest rates. Loan Amount Annual Interest Rate Monthly Payment Data Table $ 15,000.00 $ 20,000.00 $ 25,000.00 $ 30,000.00 $ 35,000.00 $ 40,000.00 $25,000 4% 1% 2% 3% Annual Interest Rates 4% 5% 6% 7% 8% Instructions Put in the PMT formula in C13 Create the Data table Make B16 equal the value in C13 (important step) Highlight the data table and fill in the data table Format values in the data table as currency Possible Points Points Earned 2 2 1 2

this is really a basic question please provide neat and clean answer well detailed answer ill upvote

help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working

13. Problem 5.26 (PV and Loan Eligibility) eBook You have saved $3,000 for a down payment on a new car. The largest monthly payment you can afford is $300. The loan will have a 12% APR based on end-of-month payments. What is the most expensive car you can afford if you finance it for 48 months? Do not round intermediate calculations. Round your answer to the nearest cent. $ What is the most expensive car you can afford if you finance it for 60 months? Do not round intermediate calculations. Round your answer to the nearest cent. $

You are ready to make a new car purchase and the manufacturer is offering a 60-month, zero percent interest loan, or, a $1,500 cash rebate. The price of the car is $25,000. Which option should you choose? a. $1,500 cash rebate b. Not enough information to make the decision. c. Negotiate to get both d. Zero percent loan e. None of the answers are correct

You want to buy a $24,000.00 car. You can make a 10% down payment, and will finance the balance with a 5% interest rate for 36 months (3 years). What will your monthly payment be? My monthly payment will be Hint #1 and Hint #2 Question Help: Video 1 Check Answer Video 2 Message instructor

Question 2: Please draw the Cash Flow on the diagram.   You Take a Loan to Buy an Apartment for     : 100,000JD Interest Rate                                                            : 12.0% Loan Period                                                             : 30 years Down payment                                                        : 20% Registration Fees                                                  : 5% Selling Price @ year 30                                        : 900,000 JD Calculate the monthly payment=? Calculate the NPV.

Can you help me with question 6? It’s Financial Math.

To purchase an iMac Pro which is listed $6,299.00 online, Lisa is now depositing $300 to her saving account every 6 months after she has saved $5500. If the interest rate is 6% p.a. compounded semi-monthly, how soon can she purchase the iMac Pro? Step 1. Fill in blanks – the values mpmt = mi= i3= PMT = PV = FV = Step 2. Formula and Calculations