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The Honda Guie Hybrous Honda Civic with a of the Variator hybrid electric cine Hybrid in the United States to A A certified the as an an Powertraino Honda introduced the Jopan in December 200l. In os frost hybrid automobile Vehicle CAT-PZEV) advanced Technology Pontial Zero - Emmi 851 0715 from the conformio Board. The Civic Hybord uses hybrid system greitar to that of honda Insighto a s-speed manual transmission later models feature Carlometic transmissions. The sedan Civic ong Configurations until 2013, when Honda introduced a hatchback Version In february 2009, Honda reported that Smce Lool they had Sold then 255,000 Civic ty Hybords, including more North America. for Civic Hybrid the Cox hyboid Integrated Motor Assist Early moders from 200 to 2005 used Continuously Variable Hybord was mosketed wheras in more in units then 190,000 time, the Second best-selling U.S. the electric Honda Malaysia offers finance packages to its new car purchasers. The new car market is highly competitive, and Honda Malaysia management think that they could boost sales of the Honda Civic hybrid if they offer finance at an annual interest rate of 3%, compounded monthly. However, Honda Malaysia pays its bank 4.5% per annum, compounded monthly, for the funds required. Therefore, the price of the Honda hybrid needs to be carefully determined to compensate for this discrepancy in interest rates A buyer bought a Honda civic hybrid 1.5L at the end of 2009 at a price of RM 116311.50. The buyer paid a down payment of RM 6300 and the remainder was financed at 3% per annum compounded monthly. He started paying his first installment in January 2010 b) Given that Honda Malaysia's cost of capital is 4.5% per annum compounded monthly, what is the amount loan they took from the bank for this customer? What can you conclude? (5M) The Honda Guie Hybrous Honda Civic with a of the Variator hybrid electric cine Hybrid in the United States to A A certified the as an an Powertraino Honda introduced the Jopan in December 200l. In os frost hybrid automobile Vehicle CAT-PZEV) advanced Technology Pontial Zero - Emmi 851 0715 from the conformio Board. The Civic Hybord uses hybrid system greitar to that of honda Insighto a s-speed manual transmission later models feature Carlometic transmissions. The sedan Civic ong Configurations until 2013, when Honda introduced a hatchback Version In february 2009, Honda reported that Smce Lool they had Sold then 255,000 Civic ty Hybords, including more North America. for Civic Hybrid the Cox hyboid Integrated Motor Assist Early moders from 200 to 2005 used Continuously Variable Hybord was mosketed wheras in more in units then 190,000 time, the Second best-selling U.S. the electric Honda Malaysia offers finance packages to its new car purchasers. The new car market is highly competitive, and Honda Malaysia management think that they could boost sales of the Honda Civic hybrid if they offer finance at an annual interest rate of 3%, compounded monthly. However, Honda Malaysia pays its bank 4.5% per annum, compounded monthly, for the funds required. Therefore, the price of the Honda hybrid needs to be carefully determined to compensate for this discrepancy in interest rates A buyer bought a Honda civic hybrid 1.5L at the end of 2009 at a price of RM 116311.50. The buyer paid a down payment of RM 6300 and the remainder was financed at 3% per annum compounded monthly. He started paying his first installment in January 2010 b) Given that Honda Malaysia's cost of capital is 4.5% per annum compounded monthly, what is the amount loan they took from the bank for this customer? What can you conclude? (5M)

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