Business, 21.08.2019 16:20 kikirogers6530

Your firm is considering the purchase of a new office phone system. you can either pay (option 1) $32,000 now, or (option 2)$1,000 per month for 36 months. suppose your firm currently borrows at 6% per year compounding monthly. which option is best? suppose your firm currently borrows at 10% per year compounding monthly. which payment plan option is more attractive in this case? interest rate aside, what factors may force your firm into option 2.

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Your firm is considering the purchase of a new office phone system. you can either pay (option 1) $3...

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