What is the present value of these savings

Assignment Help Financial Management

Reference no: EM131973086

Your friend just got a five year car loan for 40,000 with 6% interest rate. you explained to her that 6% is too high and she could have saved a lot of money is she negotiated with the bank and got 3% instead. how much money would she have saved every month? what is the present value of these savings? how much money would she have saved every month? what is the present value of these savings?

Reference no: EM131973086

Questions Cloud

Calculating and comparing pv using effective annual rates : What amount must be paid back for each alternative? Which alternative should be selected to provide the lowest terminal expenditure?

Analyze change strategies appropriate for the type of change : Analyze change strategies appropriate for this type of change. Determine the best way to influence employees in the right direction.

What average continuous return must be earned : What average continuous return must be earned over the subsequent 4 years in order to double the investment at the end of ten years?

Provide for creating a persuasive presentation : What other tips would you provide for creating a persuasive presentation?

What is the present value of these savings : what is the present value of these savings? how much money would she have saved every month? what is the present value of these savings?

Explain humes notion of impressions and ideas : Explain Hume's notion of Impressions and Ideas. Give an example of each, and explain why he thinks one must always come before the other.

How much does he need to borrow to purchase house : Mr. Bill S.? Preston, Esq., purchased a new house for ?$100,000 and paid ?$10,000 upfront. How much does he need to borrow to purchase the? house?

Find an estimate of its beta : Find an estimate of its beta. Yahoo Finance is a great source for this number. Then estimate its required return using the CAPM formula.

Write a goals for each needs assessment : Write a goals or purpose statement for each needs assessment or analysis you've chosen. Determine who you will interview in the company and give reasons.

User Account

All Pages