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C. A company has an EBITDA of $100 per year on average. It wants to borrow money for a project, $500 at 10% annual simpl
Posted: Thu Dec 23, 2021 9:02 am
by answerhappygod
- C A Company Has An Ebitda Of 100 Per Year On Average It Wants To Borrow Money For A Project 500 At 10 Annual Simpl 1 (15.68 KiB) Viewed 60 times
C. A
company has an EBITDA of $100 per year on average. It wants to borrow money for a project, $500 at 10% annual simple interest rate for five years. However, it does not want to pay more than 25% of its EBITDA in interest. The
company does not know how much it will pay at the end of the loan. What is the future value of the loan repayment (i.e., how much must the
company pay at the end)?