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You want to purchase a brand new Electric vehicle that costs $ 50,000. Dealer A offers you the car for a cash purchase immediately if you pay only $ 45,000. Dealer B offers you a no cost EMI of $ 1000 for 50 months. a. Suppose you can purchase it by withdrawing from an investment you already invested in that yields 5% yearly, what option would you choose? b. Suppose you can purchase it using your credit card, and unpaid credit card balances are charged 17% interest per year, what option would you choose?
a. Suppose you can purchase it by withdrawing from an investment you already invested in that yields 5% yearly, what option would you choose?
b. Suppose you can purchase it using your credit card, and unpaid credit card balances are charged 17% interest per year, what option would you choose?
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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