Answer:
The right choice is Esther's
Step-by-step explanation:
Present worth of GH¢ after 3 years is better as its present really worth may be very high than GH¢ a thousand of today. Here fee of interest is not given to compare however GH¢ 3000 after three years will be equivalent to present well worth GH¢ 1000 if charge of interest >44.5% which may be very very excessive. Thus charge of interest > 44.5% Then GH¢ 3000 payable after 3 years could be equivalent to GH¢ 1000 Hence vide has made the proper preference. If interest price >44.5%.
Then Esther's preference will he right. (thinking about time value of money).
Answer:
10494
Step-by-step explanation:
trust
Answer:
Yes, with what? The Picture wont show for me.
Step-by-step explanation:
August 8 is Day 15 and falls under the 1% discount rule.
750/0.99 = 757.58 from the balance, and 1400.00 - 757.58 = 642.42 is due by day 60.
Answer:
1, 2, 3, 6, 103, 206, 309, 618