A professor is evaluating two versions, one with air conditioning and a relaxation bundle, the other with no extras and is considering purchasing a brand new auto. Both cars are reasonably close in price but still above his first budget, and he's wondering how much he might have the ability to negotiate the cost.
A factor that make problems the issue is that the automobile with the relaxation bundle has a lower interest rate. The professor so must realize what the net present value of the difference in both payment plans.
Replacing El Poderoso case study solution
PUBLICATION DATE: November 12, 2009 PRODUCT #: 909E25-HCB-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING