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    Car loan example of TVM

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    How is a car loan an example of TVM? Under what circumstances should an individual take out a loan versus pay all cash? How have recent zero $ down and zero % interest for 12 months or more affected potential cash buyers?

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    https://brainmass.com/business/the-time-value-of-money/car-loan-example-of-tvm-331613

    Solution Preview

    A car loan is an example of TVM because a person is making the decision of whether having a car loan is more advantageous than purchasing a car with cash or not purchasing a car at all. A person ...

    Solution Summary

    How TVM is an example of a car loan is explained. Under what circumstances should an individual take our a loan versus paying cash are explained. How recent zero down and zero interest for 12 months or more have affected potential cash buyers is also explained.

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