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Home Q & A Board Science-Related Homework Help Mathematics
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Yukinara Yukinara
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10 months ago
You have received two offers on the used car you wish to sell. Mr. Lindberg is offering $8500 cash, and Rosie Senario's offer is five semiannual payments of $1900, including a payment on the purchase date. Which offer has the greater economic value at a discount rate of 5% compounded semiannually? What is the economic advantage (in current dollars) of the preferred alternative?
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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Gimor1220Gimor1220
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10 months ago
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Yukinara Author
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10 months ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
KaylenePig
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Yesterday
Thanks
africa143
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2 hours ago
Thank you, thank you, thank you!
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