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9 2 points] A friend needs some cash for a new investment and is willing to sell you his game machine contract. The game machine
9 2 points] A friend needs some cash for a new investment and is willing to sell you his game machine contract. The game machine generates $250 a month and there is an agreement with the arcade owner for 3 years. If you feel that 8% interest compounded monthly is a fair return what would you offer your friend for the contract? 10 Given the following cash flow diagram and an interest rate of 12% per period $200 $200 $200 $200 0 2 3 4 Interest-12% 3 points] Compute the present value as a sum of 4 P given F equations 3 points] Compute the present value as a sum of a P/A equation along with 1 P given F equation
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