What discount off the purchase price results

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Reference no: EM131188478

A car dealership can offer a $36,000 car under a special promotion with four years financing at 0%, or can offer a discount off the price of the vehicle if the buyer finances the sale at .5% monthly over the four years. What discount off the purchase price results in the buyer making the identical monthly payment under either purchase option. Please include excel solution in this using either goal seek or sovler. I will not give a thumbs up to this solution without an excel goal seek or solver screen shot.

Reference no: EM131188478

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What discount off the purchase price results : A car dealership can offer a $36,000 car under a special promotion with four years financing at 0%, or can offer a discount off the price of the vehicle if the buyer finances the sale at .5% monthly over the four years. What discount off the purchase..

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