Investigate any two of the following four financial decisions:
1) Using net present value calculations, determine which has a higher ROI. Assume the average mileage under both options is 15,000 miles. The car will be sold for its Kelly Blue Book value at the end of ownership or it will be returned to the leasing dealership for no additional lease/return/mileage cost. The automobile being considered is a 4-cyl, 2.5 liter, two-wheel drive, Nissan Rogue sport utility. At the end of the 6 years, the automobile is in very good condition. Tax, title, or license fees are not considered under either option.
Buying a Nissan Rogue today for $32,000, putting $10,000 down and taking a six-year loan for the rest at 4%