You’re looking to buy a fully loaded Kia Optima EX at a price of $27,000. your parents offer to give you 10% of the price, $2700, as a down payment…

You’re looking to buy a fully loaded Kia Optima EX at a price of $27,000.

your parents offer to give you 10% of the price, $2700, as a down payment and you need to finance the remainder of $24,300. You smartly researched your finance options and got pre approval at a 3.49% APR for 60 months on your own.

Kia is offering 0% APR financing with $1500 cash back or $4000 cash back. The cash back amounts under both options would be used as an additional down payment reducing the amount that you need to finance (borrow). You would use your 3.49% APR pre-approved financing if you elect the $4000 cash back option. Answer the following questions.

Now let’s assume you were willing to make a monthly car loan payment of $450. Construct an amortization schedule for the loan for all 60 monthly payments . How long will it take to pay off the loan with the $450 monthly payment? 

Show more

Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more