Question
A businessman wants to buy a truck. The dealer offers to sell the truck for either $ 100, 000 now, or eight yearly payments of
A businessman wants to buy a truck. The dealer offers to sell the truck for either $ 100, 000 now, or eight yearly payments of $ 17,500. Which of the following is closest to the interest rate being offered by the dealer? A. 11.1% B. 9.1% C. 8.1% D. 7.1%
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Ultimate Manual For Newbie Property Investors
Authors: Kimberly K. Benson
1st Edition
979-8866108688
