User Account

All Pages

Financing of a new car for business

Assignment Help Business Management
Reference no: EM131930842

Your Assignment is a essay discussing the financing of a new car for your business.

The price of the used car is $18,700. Sales tax on this car is 7% of the price of the vehicle. You intend to finance the entire cost of the car and sales tax, less a down payment of $2,350. You intend to finance the car for 36 months and your car payment will be $516.95 per month.

Your essay should in include the following information

1. Calculate and discuss the amount financed, the installment price of the new car, and the finance charges you will pay over the life of the loan.

2. Compare and contrast the advantage of paying cash and financing the vehicle over a shorter period of time, as well as, the impact of finding lower interest rates.

3. Research and discuss the advantages of having good credit versus poor credit when qualifying for a loan. Discuss the implications of your credit score on the interest rates you may qualify for.

Reference no: EM131930842

Questions Cloud

Explain the political reason why they were acceptable or not : Article III of the U.S. Constitution states that when a vacancy occurs on the U.S. Supreme Court the president shall nominate.
Develop your position from paragraph in a logical manner : Develop your position from paragraph to paragraph in a logical manner. Use transitions to show clear progression of thought.
Communicating in groups and teams : You are a member of a volunteer team for Habitat for Humanity in your town. You are building a prototype home for a handicapped veteran and his family.
Explain the aspects of abnormal psychology : Analyze the physical, cognitive, social and personality aspects of abnormal psychology and implications across the life span.
Financing of a new car for business : Your Assignment is a essay discussing the financing of a new car for your business.
Explain what are the characteristics in an effective leader : Integrate an understanding of how ethical leadership supports interdisciplinary problem solving and how the absence of this concept can limit productivity.
What is the double dividend hypothesis : What is the double dividend hypothesis? (a) The idea that Pigouvian taxes give firms an incentive to innovate and eventually lead to even greater reductions
How will you go forth in your professional journey : How do you see yourself in the world, and how will you go forth in your professional journey?
Difference between shrm and hrm : Q1: What is the difference between SHRM and HRM and indicate why one of them is more important than the other?

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd