Business, 12.08.2020 07:01 kamrulh278

Someone offers to buy your car for four, equal annual payments, with the first payment coming 2 years from today. If you think that you could sell your car to another purchaser for an immediate payment of $9,000 and the interest rate is 10%, what is the minimum annual payment that you would accept from this buyer?

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Someone offers to buy your car for four, equal annual payments, with the first payment coming 2 year...