You must decide whether to buy a new car for ​$19,000 or lease the same car over a​ three-year period. Under the terms of the​ lease, you can make a down payment of ​1000$ and have monthly payments of ​$.150 At the end of the three​ years, the leased car has a residual value​ (the amount you pay i 12,000f you choose to buy the car at the end of the lease​ period) of ​$. Assume you can sell the new car at the end of the three years at the same residual value. Is it less expensive to buy or to​ lease?  Question content area bottom Part 1 The cost for buying the car and selling it after three years would be ​$    ent

A family wants to buy an apartment in a building that is being built on Calzada de Tlalpan # 910, the apartment has a price of $3,400,000.00, the family can pay a 20% down payment and for the rest they agree to sign a 15-year mortgage with BANORTE with (equal) monthly payments, calculated at a rate of 10.75% per yeara) Calculate the value of the down paymentb) Calculate the value of each of the paymentsc) From the first payment, calculate how much money is used to pay interest? How much is spent paying for the house?d) Construct the amortization table for our problem (only 5 lines)e) After 98 payments, how much does the family still owe?f) After 119 payments, how much of the house has the family already paid for?

Suppose you can afford $500 monthly payments and you will be able to pay $9000 as a balloon payment at the end of the lease. If you have secured a $5% interest rate on a loan for 8 years what is the price of the most expensive car you could afford?

OLA #10.2 Natalie was offered two options for a car he was purchasing: Lease option: Pay lease amounts of $450 at the beginning of every month for 5 years. At the the end of 5 years, purchase the car for $14,000. Buy option: Purchase the car immediately for $30,000. The money is worth 7.70% compounded monthly.   a. What is the Discounted Cash Flow (DCF) for the lease option? b. Which is the better option? Lease Option Buy Option Kindly use all the decimals DO NOT ROUND

Consider the following two options proposed by an auto dealer:• Option A: Purchase the vehicle at the normal price of $26,200 and pay forthe vehicle over 36 months with equal monthly payments at 1.9% APRfinancing.• Option B: Purchase the vehicle at a discounted price of $24,048 to be paid immediately.The funds that would be used to purchase the vehicle are presently earning 5% annual interest compounded monthly.Which option is more economically sound?

A borrower is faced with choosing between two loans. Loan A is available for $89,000 at 6 percent interest for 30 years, with 6 points to be included in closing costs. Loan B would be made for the same amount, but for 7 percent interest for 30 years, with 2 points to be included in the closing costs. Both loans will be fully amortizing. Required: a. If the loan is repaid after 20 years, which loan would be the better choice? b. If the loan is repaid after five years, which loan is the better choice? (Analyze the decision with both rates at two decimal places.)

You decide to do some remodeling in the kitchen. Your parents agree to lend you the money, but you insist on paying them interest. The agreement is that they will lend you $8000.00 at a simple interest rate of 2% per year. Once the interest amounts to $480, you agree to pay them back the $8000 plus the $480 interest. After how many months will you have to pay them back? Please answer step by step

Your lease calls for payments of $500 at the end of each month for the next 12 months. Now your landlord offers you a new 1-year lease which calls for zero rent for 3 months, then rental payments of $700 at the end of each month for the next 9 months. You keep your money in a bank time deposit that pays a simple annual rate of 5 percent. By what amount would your net worth change if you accept the new lease? (Hint: Your return per month is 5%/12 = 0.4166667%.) Group of answer choices +$509.81 −$509.81 +$253.62 −$253.62 +$125.30

Reginald is about to lease an apartment for 12 months. The landlord wants him to make the lease payments at the start of the month. The monthly payments are ​$1,300 per month. The landlord says he will allow Reg to prepay the rent for the entire lease with a discount. The​ one-time payment due at the beginning of the lease is ​$15,180. What is the implied monthly discount rate for the​ rent? If Reg is earning 0.3​% on his savings​ monthly, should he pay by month or make the​ one-time payment? What is the implied monthly discount rate for the​ rent?

You need a car and decide to lease for 36 months. The original price is $20,000 and the trade value in 36 months, assuming you don't exceed the mileage allowance, is $5,000 (treat this as a future value). No down payment is required. If the interest rate is 9% APR compounded monthly, what is the lease payment?   I need it witha solutuion   $503.38 $5066.37 $5100.15 $510.67