n both your professional and personal life, you will make a variety of decisions. You should consider the financial and nonfinancial aspects while making decisions.
To evaluate scenarios, you will also use some tools such as net present value (NPV) and return on investment (ROI) that you have discussed so far.
In this assignment, you will evaluate the financial aspects of making decisions.
Investigate any two of the following financial decisions:
- Using net present value calculations, determine which has a higher ROI
- Buying a Chevrolet Impala today for $30,000, putting $15,000 down and taking a six-year loan for the rest at 5%