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In order to finance its expansion project, company ABC plans to borrow 900,000 Dollars, She receives two proposals from twi different financial institutions Proposal 1
In order to finance its expansion project, company ABC plans to borrow 900,000 Dollars, She receives two proposals from twi different financial institutions
Proposal 1 : A 15 years loan with a quarterly repayement of 21500 Dollars.
Proposal 2 :A 15 years loan with a monthly repayement of 7500 Dollars
at; what will be your decision criteria? in other words on what basis are you going to make your choice of proposal?
b: whish proposal should be accept .
( all detailed calculations are requested)
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