You have a loan outstanding. it requires making three annual payments at the end of the next three years of $1000 each. your bank has offered to restructure the loan so that instead of making the three payments as originally agreed, you will make only one final payment at the end of the loan in three years. if the interest rate on the loan is 5%, what final payment will the bank require you to make so that it is indifferent between the two forms of payment?
Answers: 3
Business, 21.06.2019 14:40
Which one of the following is a characteristic of a jit partnership? a. frequent deliveries in large lot quantities b. removal of incoming inspection c. third-party logistics never used d. maximal product specifications imposed on supplier e. active pursuit of vertical integration
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Business, 21.06.2019 19:20
Which of the following statements is true? a. financial investment refers to the creation and expansion of business enterprisesb. economic investment refers to the creation and expansion of business enterprisesc. economic investment refers to the purchase of assets such as stocks, bonds, and real estated. both economic and financial investment refer to the purchase of assets such as stocks, bonds, and real estate
Answers: 2
You have a loan outstanding. it requires making three annual payments at the end of the next three y...
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