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Apples, oranges and auto-financing

Author: Weiss, Lawrence A. INSEAD Area: Accounting and ControlPublisher: Fontainebleau : INSEAD, 1994.Language: EnglishDescription: 2 p.Type of document: INSEAD CaseAbstract: The case demonstrates the importance of understanding the difference between a lump sum invested over time and an annuity. The case is based on a real event. Auto dealers in the US were fraudulently using a computer program, which made an unfair interest rate comparison, to convince car buyers to finance their purchases
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INSEAD Case Doriot Library
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The case demonstrates the importance of understanding the difference between a lump sum invested over time and an annuity. The case is based on a real event. Auto dealers in the US were fraudulently using a computer program, which made an unfair interest rate comparison, to convince car buyers to finance their purchases

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