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RESOLUTION NO. 2024-40 <br />PAGE 6 <br />N : Horton <br />STRENGTH & SAFETY IN EVERY DETAIL <br />June 17, 2024 <br />RE: Horton Interest <br />Dear Customer, <br />614.539.3181 <br />800.282 5113 <br />Horton is currently offering a 4.5% interest rate on all vehicle <br />prepayments. This rate is effective through 07/31/24 and is updated <br />monthly. You are locked in at this rate if we receive your funds this <br />month. <br />The interest is calculated as shown in the example below if you were <br />pre -paying $150,000.00: • <br />$150,000.00 x 4.5% _ $6750.00 <br />$6750.00 / 365 days per year = $18.49 per day <br />$18.49 per day paid from deposit date to delivery date <br />Example: Vehicle delivered in 730 days = $13,497.70 interest earned <br />(If delivery is delayed, interest will stop at completion date) <br />3800 MCDowel Road <br />Grove City, OH 43123 <br />4864-1047-5983, v. 1 <br />