{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

L14_ECE4001_Fall_2009

L14_ECE4001_Fall_2009 - Lecture 14 Engineering Economics...

Info icon This preview shows pages 1–7. Sign up to view the full content.

View Full Document Right Arrow Icon
J. Stevenson Kenney © 2009 1 Lecture 14 Engineering Economics: Financial Decision Making October 13, 2009
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
J. Stevenson Kenney © 2009 2 F/P P/F A/F F/A A/P P/A Gradient Factors
Image of page 2
J. Stevenson Kenney © 2009 3 Example: Buy/Lease a Car Buy: Sales price is $25,000. 60 month auto loan with a fixed interest rate of 6.97% APR if you put $5000 down. Lease: No down payment. Payments are $399/mo., for 36 months $15,000 residual fee What’s the better deal?
Image of page 3

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon