a5shouldyoupaycash - Autumn 2011 Managerial Finance Prof...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Autumn 2011 Managerial Finance Prof. Francisco Pérez-González Should You Pay Cash for a New Car? Read and prepare: Should you pay cash for a new car? (course reader) Big picture question: Should Professor Keppel pay cash for his new car? Questions: 1. What is the monthly payment Mr. Keppel will need to make on his car loan? 2. What is the “total interest paid” on the loan? Is the 2,607 number correct? 3. How much interest will he earn on his savings? 4. What is Sperling’s Rule? 5. What is the right decision?
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

Ask a homework question - tutors are online