Top Posters
Since Sunday
g
2
2
New Topic  
edelynpl edelynpl
wrote...
Posts: 145
Rep: 0 0
2 years ago
Your company has asked you to evaluate a piece of real estate they wish to sell. There are two offers-to-purchase that the company has received. Offer A is an immediate cash payment of $200,000 and Offer B consists of two payments of $50,000—one in six months and one in twelve months. Offer B also includes an immediate down payment of $120,000. If money can earn 2.75% compounded semiannually, which offer should you recommend and how much more (in current dollars) is the better offer worth?

▸ Offer B is worth $17.974.67 more

▸ Offer A is worth $15.974.67 more

▸ Offer B is worth $19.974.67 more

▸ Offer B is worth $18.974.67 more

▸ Offer A is worth $17.974.67 more
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
Read 156 times
1 Reply
Replies
Answer verified by a subject expert
k9kulpritk9kulprit
wrote...
Posts: 153
Rep: 1 0
2 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

edelynpl Author
wrote...

2 years ago
this is exactly what I needed
wrote...

Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
wrote...

2 hours ago
You make an excellent tutor!
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  389 People Browsing
Related Images
  
 359
  
 354
  
 512
Your Opinion
Where do you get your textbooks?
Votes: 806

Previous poll results: How often do you eat-out per week?