Yes it is affordable however I don’t know what eduloan is
Answer:
FV= $6,616.38
Explanation:
Giving the following information:
Annual cash flow= $500
Number of periods (n)= 8
Interest rate= 14%
<u>To calculate the future value, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual cash flow
FV= {500*[(1.14^8) - 1]} / 0.14
FV= $6,616.38
Answer:
Sensorimotor Stage (0 - 2 years)
Preoperational Stage (2 - 7 years)
Concrete Operational Stage (7 - 11 years)
Formal Operational Stage (11 - 15 years)
Explanation:
A purchase agreement is a legally binding contract that states the terms and conditions of purchasing a good/making a sale. This agreement is legally binding for both the purchaser and the seller. The agreement is contingent on being paid back at the date agreed and receiving the items that were intended to be paid for.