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If DHL were to sell off a used aircraft and had the following two offers to consider, how much better is the better deal? Assume
If DHL were to sell off a used aircraft and had the following two offers to consider, how much better is the better deal? Assume 6% interest compounded annually, and down payments are not invested. Round to the nearest cent. Offer 1: $150,000 down payment and $30,000 a year for the next 5 years. Offer 2: $75,000 down payment and $45,000 a year for the next 5 years.
a. both offers come to the same amount b. 63,185 c. 76,135 d. 11,814 e. 1,135
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