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Problem 3-02 a b Oncle Tooling Ltd. is assessing two available options for the purchase of new equipment with a negotiated cash price of $150,000.
Problem 3-02 a b Oncle Tooling Ltd. is assessing two available options for the purchase of new equipment with a negotiated cash price of $150,000. The manufacturers willing to accept a down part of 20% of the purchase price and an installment note for the balance. The would require quarterly fred principal payments (plus interest) starting October 1, 2020, for a period of two years. On les proposal from the for an instalment loan for two years that requires a fixed blended monthly payment (including both now and we starting August 1, 2020. The whold the form of the women's shoe. The current market rate of interest is 10%. Both contracts have an interest rate of 10% Is there any measurement uncertainty in determining which option as best for Orole? Which discounted cash flow approach should be used in the comparison of the two alternatives? LINK TO THE LINK TO TEXT Calculate the attount of the payments required of Onicle under each alternative found answers to 2 decimal places.27.25) Quarterly fixed principal interest payment option with manufacturer Total amount of payments Fixed blended monthly salment note with the bank duding propal and interest Total amount of payments LINK TO TE LINE TO TEXT Question Attempts of 2
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