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1. offer 1: receive $210,000 in cash today. Offer 2: an advance of $100,000 in 6 months, a payment of $71,430 and in 10 months,
1. offer 1: receive $210,000 in cash today. Offer 2: an advance of $100,000 in 6 months, a payment of $71,430 and in 10 months, another payment of $71,430. If the rate is 14.4% annually compounded monthly, which of the two offers is best ?
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ABC Finance Coloring Book Familys First Financial Literacy Book
Authors: Jason Conger
1st Edition
1955961026, 978-1955961028
