Fixed rates have the advantage over variable rates in that debt may be readily repaid within the allotted time. Hence, choice B
<h3>What is a fixed and variable rate?</h3>
Loans with fixed interest rates have an interest rate that will not change throughout the loan's term, regardless of changes in market interest rates. A loan with a variable interest rate is one in which the interest rate imposed on the outstanding balance changes in accordance with changes in the market interest rates.
Therefore, the benefit of fixed rate versus variable rate is that it enables speedier debt repayment.
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Answer:
can you please tell me the question because it's kind of blurry and I will be glad to answer it if I can
Answer:
∑( Cash flow × PVF) = 79,347
Explanation:
Given:
Opportunity cost = 9%
Cash flow for 1-5 years = 10,000
Cash flow for 6-10 years = 16,000
Now,
Present value factor (PVF) = 
here, n is the year
For year 1 to 5
Year Cash flow PVF Cash flow × PVF
1 10000 0.9174 9174
2 10000 0.8417 8417
3 10000 0.7722 7722
4 10000 0.7084 7084
5 10000 0.6499 6499
for years 6 to 10
Year Cash flow PVF Cash flow × PVF
6 16000 0.5963 9540.8
7 16000 0.547 8752
8 16000 0.5019 8030.4
9 16000 0.4604 7366.4
10 16000 0.4224 6758.4
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∑( Cash flow × PVF) = 79,347
========================================================
taking the PVF to 5 decimal places will make 79,347 ≈ 79,348
Example of tactical decisons