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only A1&B1 please show details! thank you ! Come or the work you have completed so far. It does not indicate completion. Return to question
only A1&B1 please show details! thank you ! Come or the work you have completed so far. It does not indicate completion. Return to question Problem 5-36 Annuity Due (LO3) A store offers two payment plans. Under the installment plan, you pay 25% down and 25% of the purchase price in each of the next 3 years. If you pay the entire bill immediately, you can take a discount of 9% from the purchase price. Assume the product sells for $100. a-1. Calculate the present value of the payments if you can borrow or lend funds at an interest rate of 6 percent. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Answer is complete but not entirely correct. PV of installment 88.28 plan a-2 Which is a better deal? Installment plan Pay in full completion. Return to question Installment plan Pay in full b-1. Calculate the present value if the payments on the 4-year installment plan do not start for a full year. (Do not round intermediate calculations. Round your answer to 2 decimal places.) & Answer is complete but not entirely correct. PV of installment S 105.99 plan b-2. Which is a better deal? Installment plan Pay in full
only A1&B1 please show details! thank you !
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