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What are you willing to pay for an investment offering the following cash flows, given a discount rate of 6% ? Year 1=500, Year 2=
What are you willing to pay for an investment offering the following cash flows, given a discount rate of 6% ? Year 1=500, Year 2= 250, Year 3=1500. $1508.63 $1270.90 $1620.78 $1860.25 You borrow $48,500 from a bank at 18% interest compounded monthly and can afford $750 monthly payments. How many months will it take for you to pay back the loan in full (rounded)? 235.5 months 189.3 months 127.5 months 88.9 months 97.2 months
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