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Title: You are considering the purchase of a BMW M5. You will borrow the money from BMW Financial Services. ...
Post by: tetleyelmo on Jan 13, 2017
You are considering the purchase of a BMW M5. You will borrow the money from BMW Financial Services. The terms of the deal are outlined below.
BMW M5
RWD, 500hp, 0-100 in 4.7s
PRICE = $80,000
Term = 36 months
i = 4.0%
Down Payment = $0
Monthly Payments (end-of-month) = $2,361.92
How much interest does the borrower pay over the term of the loan? In other words, how much of the blended loan payments is interest?
A) $5,029.08
B) $3,401.17
C) $3,200.00
D) $5,561.92
E) $5,763.09


Title: Re: You are considering the purchase of a BMW M5. You will borrow the money from BMW Financial ...
Post by: Blimp on Jan 16, 2017
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Title: Re: You are considering the purchase of a BMW M5. You will borrow the money from BMW Financial ...
Post by: helpme1234 on Jan 23, 2020
THANK YOU


Title: Re: You are considering the purchase of a BMW M5. You will borrow the money from BMW Financial ...
Post by: Christina Garcia on Feb 22, 2020
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Title: Re: You are considering the purchase of a BMW M5. You will borrow the money from BMW Financial ...
Post by: Jae Kim on Oct 10, 2020
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Title: Re: You are considering the purchase of a BMW M5. You will borrow the money from BMW Financial ...
Post by: Joebaxed on Feb 5, 2021
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Title: Re: You are considering the purchase of a BMW M5. You will borrow the money from BMW Financial ...
Post by: Travis Zhang on Feb 5, 2021
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Title: Re: You are considering the purchase of a BMW M5. You will borrow the money from BMW Financial ...
Post by: Julie Hieng on Jul 5, 2021
Thank you!