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- The bid and ask quotes for yen are 125-127 yen per dollar. Based on these quotes how many dollars need to be paid to the dealer to purchase 1 million yen?f5Cash price of Mazda3 2.0 Skyactiv-G is 23 751.66 €. Down payment is 7125 € and the term of the finance is 36 months with a fixed interest rate of 4.95 %. The credit fee is 100 € and there is a service fee of 6 €/payment. The last payment is 13 300 €. Calculate the monthly equal payment. 1 3 Product's price 4 Down payment 5 Last payment 6 Number of payments 7 Number of equal payments 8 Annual interest rate 9 Relative interest rate 10 Credit fee 11 Service fee (per payment) Kail e 12 maszos 13 Financed amount 14 15 Equal payment without service fee 16 Equal payment with service fee 17 KOEAJA SK
- Please answer fastBMW will sell a $55,000 car for $890 per month for 72 months. What is the annual interest rate? Hint: Excel will help you to calculate the monthly interest rate if you enter 72 as the number of periods. So, you need to multiply that monthly interest rate by 12 to get the annual interest rate. a. 3.31% O b. 7.15% C. 4.12% d. 2.43% e. 5.17%[Question text] Syarikat Sinergi is considering a new credit policy. The current policy is cash only. The new policy would involve extending credit for one period or net 30. Based on the following information, determine if the switch is advisable. The interest rate is 2.5% per period. CURRENT POLICY NEW POLICY Price per unit RM175 RM175 Cost per unit RM130 RM130 Sales per period in units 1.000 1,100 Select one: A. Yes, the switch should be made because the NPV is RM8,000. B. No, the switch should not be made because the NPV is -RM4,500. C. Yes, the switch should be made because the NPV is RM4,500. D. No, the switch should not be made because the NPV is -RM8,000.
- A model NASCAR race car can list for $79.99 with a trade discount of 40%. What is the net price of the car?British Mobile placed an order for mobiles from Oman Mobile for which it has to pay in USD. The payment has to be made after 1 year. The price of each mobile is 100 USD As the finance manager of British Mobile you booked a forward contract today. GBP/ USD spot and forward rates are shown below Question: How much does British Mobile have to pay in GBP for each mobile? Question: Why book a forward contract ? Question: Don't you think it is better to book an option contract instead of a forward contractAn automobile is "priced" at $7,540. A buyer may purchase the car for $7,040 now or, alternatively, the buyer can make a down payment of $940 now and pay the remaining $6,600 in 8 equal quarterly payments (over 2 years) at 8% compounded quarterly. Click here to access the TVM Factor Table Calculator For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 2 decimal places, e.g. 52.75. The absolute tolerance is ±0.01 Part a Calculate the PW of the down payment and 8 quarterly payments. The buyer's TVOM is 10% per year compounded quarterly. Part b What is the effective annual interest rate at which these two payment options are equivalent? ieff= %
- Using the attached exhibit and the information below, what is the net cost of purchasing this vehicle?To answer the question, use the following assumptions:● The price of the car is $20,000.● The down payment required is $2,000● The security deposit required is $500● The sales tax rate is 10.25%%. Round to the nearest cent. DO NOT INCLUDE COMMAS OR $.● GAP insurance on the lease is $300��� Interest lost or foregone is computed using a 4% after tax rate of return (use in Step 4)● The interest rate on the lease and loan is 9% (use in Step 6).● The lease and loan terms are both 36 months.● Your resale/trade-in value for your vehicle is $6,000● Disposition fee: $250● Lease Payment: $325/ month● Purchase Payment: $360/monthA car cost R18000 in January 2011 at an inflation rate of 4.0. What would the car cost at the beginning of March 2011?Show the complete solution
