The Bentley Azure can be leased for four years for $0 down and 48 monthly payments of $4,000 (due at the beginning of each month). Today is the day that the first payment is due
If, instead, you save the payments in a bank account at the nominal annual rate of 7.5%, then how much money will you have at the end of the fourth year? (Round answer to the nearest whole dollar)
A) $224,498
B) $223,103
C) $221,984
D) $222,768
E) $223,326
A
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The profitability of a supply chain is impacted primarily by the
A) design, planning and operation categories of decisions. B) operation category of decisions. C) design and planning categories of decisions. D) planning and operation categories of decisions.
If a company standardizes on the components that are used in different models, it will:
A) reduce the variety of options offered to the customer. B) reduce the length of production runs. C) reduce waste. D) require the use of general-purpose machinery.