ilmscore | How do the rich buy cars cheaper?

How do the rich buy cars cheaper?

Predictions from this Video

Total: 4
Correct: 0
Incorrect: 0
Pending: 4
Prediction
Topic
Status
If a ₹10.8 lakh car loan at 8.75% is taken for 5 years, ₹2.57 lakh in interest will be paid.
"Interest of ₹2.57 lakh will have to be paid in 5 years."
Financial Savings
Pending
Investing ₹13.8 lakh in a Fixed Deposit (FD) at 6.3% for 5 years will yield ₹4.93 lakh in interest.
"You will get 6.3% interest from FD i.e. Rs 4.93 lakh."
Financial Savings
Pending
If a ₹10.8 lakh loan against a Fixed Deposit (FD) is taken at 7.3% for 5 years, ₹2.36 lakh in interest will be paid.
"Interest in 5 years will be Rs 2.36 lakh."
Financial Savings
Pending
A ₹15 lakh Fixed Deposit (FD) earning 6.3% interest for 5 years (compounded) will yield approximately ₹5.36 lakh in interest.
"Only 5.36 lakh will be available from FD because FD will only be pledged and will not be broken."
Financial Savings
Pending