Denzel needs a new car. at the dealership, he finds the car that he likes. the dealership gives him two payment options:
1. pay $35,000 for the car today.
2. pay $4,000 at the end of each quarter for three years.
assuming denzel uses a discount rate of 12% (or 3% quarterly), calculate the present value. (fv of $1, pv of $1, fva of $1, and pva of $1) (use appropriate factor(s) from the tables provided. round your answers to 2 decimal places.)
Answers: 2
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Denzel needs a new car. at the dealership, he finds the car that he likes. the dealership gives him...
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