You need to buy a car in two years from now, the car dealer made you an offering, if you buy the car now, he would give
Posted: Sun Jun 05, 2022 11:35 am
You need to buy a car in two years from now, the car dealer made
you an offering, if you buy the car now, he would give you 40% a
discount rate. You know that the car price will be SR 142,000 if
you delay the purchasing decision two years. what is the present
worth of the savings? if you refuse the offering. Assume the
interest rate is 10% per year.
you an offering, if you buy the car now, he would give you 40% a
discount rate. You know that the car price will be SR 142,000 if
you delay the purchasing decision two years. what is the present
worth of the savings? if you refuse the offering. Assume the
interest rate is 10% per year.