Question
Sales Manager of company XYZ is offering you two options for the payment of their modern hydraulic press. As a first option, you can make
Sales Manager of company XYZ is offering you two options for the payment of their modern hydraulic press. As a first option, you can make a single payment of 9000 KWD one year from now. As a second option you make 15 equal monthly payments of 1100 KWD. Which option do you accept, if the interest rate is 20% monthly
a) what is the future value of option 2
b) which option you will choose
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Austro-corporatism Past, Present, Future
Authors: Gunter Bischof
1st Edition
1000675858, 9781000675856
