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Author Question: You are considering the purchase of a BMW M5. You will borrow the money from BMW Financial Services. ... (Read 59 times)

sammy

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  • Posts: 818
on: Apr 25, 2021
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?
◦ $5,029.08
◦ $3,401.17
◦ $3,200.00
◦ $5,561.92
◦ $5,763.09
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
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Marked as best answer by sammy on Apr 25, 2021

Juro

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Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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sammy

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Reply 2 on: Apr 25, 2021
Thanks for the timely response, appreciate it

aliotak

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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