Abdullatif Jamil, who now is giving two financial offers. Both offers have the same profit margin (flat rate) of % 3 for 5 years’ monthly payment.
The first offer is partially amortized with final payment equal to 25% of original car price.
The other choice (offer) would be without final payment (fully amortized).
It is all costumer choice!!
Which offer is better? And why?
Do the numbers.