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Potvin Potvin
wrote...
Posts: 1260
Rep: 1 0
7 years ago
Ferrari offers the 360 Spider for $160,724 cash. Ferrari also advertises a purchase plan with 4.5% APR financing and 48 end-of-month payments of $3,862. Which is the better deal?
A) Cash
B) Purchase plan
C) The two offers are equivalent
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 1st
Authors:
Read 209 times
3 Replies

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wrote...
7 years ago
Cash
Potvin Author
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7 years ago
Smiling Face with Open Mouth wow
wrote...
6 years ago
Awesome!!
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