Question
por favor responde ASAP. CoPo is contemplating the purchase of a new machine. Machine cost 210000 Down payment 50000 Loan rate 11.5% Plan a Annuity,
CoPo is contemplating the purchase of a new machine.
Machine cost | 210000 |
Down payment | 50000 |
Loan rate | 11.5% |
Plan a | Annuity, 10 years |
Plan b | Annuity, 10 years plus balloon payment of 50000 at the end of the year 10 |
Required:
- loans payment on plan A is?
- present value of the 50,000 is?
- 10th year payment for plan B is ?
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
6th edition
9781305178045, 1285429648, 1305178041, 978-1285429649
