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Home Q & A Board Science-Related Homework Help Mathematics
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edelynpl edelynpl
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4 months 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
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k9kulpritk9kulprit
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4 months ago
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Offer B is worth $17.974.67 more
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edelynpl Author
wrote...

4 months ago
Good timing, thanks!
byehoe
wrote...

Yesterday
Correct Slight Smile TY
jakechambo3
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2 hours ago
Helped a lot
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