A business has four options to pay for equipment to improve work. Match the scenario in relation to the maximum amount of revenue. An installment loan of $50,000 with 1. best option APR of 18% over 30 months and earn an extra $75,000 in revenue. Pay $50,000 cash and earn an 2. second best option extra $60.000 in revenue. An installment loan of $50,000 with 3. third best option APR of 16% over 36 months and earn an extra $80,000 in revenue. An installment loan of $50O,000 with 4. fourth best option APR of 20% over 24 months and earn an extra $70,000 in revenue.
A business has four options to pay for equipment to improve work. Match the scenario in relation to the maximum amount of revenue. An installment loan of $50,000 with 1. best option APR of 18% over 30 months and earn an extra $75,000 in revenue. Pay $50,000 cash and earn an 2. second best option extra $60.000 in revenue. An installment loan of $50,000 with 3. third best option APR of 16% over 36 months and earn an extra $80,000 in revenue. An installment loan of $50O,000 with 4. fourth best option APR of 20% over 24 months and earn an extra $70,000 in revenue.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:A business has four options to pay for equipment to improve work. Match the scenario in relation to the maximum
amount of revenue.
An installment loan of $50,000 with
1. best option
APR of 18% over 30 months and earn an
extra $75,000 in revenue.
Pay $50,000 cash and earn an
2. second best option
extra $60,000 in revenue.
An installment loan of $50,000 with
3. third best option
APR of 16% over 36 months and earn an
extra $80,000 in revenue.
An installment loan of $50,000 with
4. fourth best option
APR of 20% over 24 months and earn an
extra $70,000 in revenue.
12:10
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1/30/2
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