What is cost of leasing the laptop over buying it outright

Assignment Help Financial Management
Reference no: EM132024275

An animator needs a laptop for audio/video editing, and notices that he can pay $2600 for a Dell XPS laptop, or lease from the manufacturer for monthly payments of $75 each for four years. The designer can borrow at an interest rate of 14% APR compounded monthly. What is the cost of leasing the laptop over buying it outright?

Reference no: EM132024275

Questions Cloud

What is your average rate of return on your investments : Today, your investment account is worth $73,262. What is your average rate of return on your investments?
What is discounted payback period for these cash flows : What is the discounted payback period for these cash flows if the initial cost is $6,400?
Calculate the project after-tax cash flow : Calculate the project after-tax cash flow in years 0 through 5 and using a minimum rate of return of 20%, determine the project after-tax NPV and DCFROR.
About the mortgage interest rates : Securitization of mortgages involves which of the following? Which of the following is true of mortgage interest rates?
What is cost of leasing the laptop over buying it outright : What is the cost of leasing the laptop over buying it outright?
Immediately sold by the institutions that make the loan : Why are most mortgages immediately sold by the institutions that make the loan?
Calculate cost per output given the physician time estimate : Calculate cost per output given the physician’s time estimate, do current prices cover costs?
What is the annual rate earned on the investments portfolio : What is the annual rate earned on the investments portfolio?
What do we mean by securitization of mortgages : What do we mean by securitization of mortgages? What do we call the type of mortgage where the interest rate can change over the life of the mortgage?

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd