IDNLearn.com is your go-to platform for finding accurate and reliable answers. Ask any question and get a detailed, reliable answer from our community of experts.
You want to treat yourself to a new sports car. The car dealership gives you two choices. You can pay $70,000 cash now or pay it in three instalments: $40,000 now and $20,000 at the end of each of the next two years. If your cost of money is 9%, which do you prefer? Explain and show your answer.
Sagot :
Thank you for participating in our discussion. We value every contribution. Keep sharing knowledge and helping others find the answers they need. Let's create a dynamic and informative learning environment together. Your search for solutions ends at IDNLearn.com. Thank you for visiting, and we look forward to helping you again.
