Business, 12.02.2021 06:30 kaitlynmoore42

Your business associate who owes you $12000 offers to pay you either $10320 now or else to pay you 8 yearly installments of $1500, the first installment paid now. Assume a 5.4% market interest rate, compounded continuously. How much would you have at the end of 8 years if you choose to take the $ 10320 offer now, and you use the market to earn interest on the funds

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Your business associate who owes you $12000 offers to pay you either $10320 now or else to pay you 8...