Answer:
Step-by-step explanation:
the answer is
$194 (start) / <u>100 (100%)</u> = $1.94 (1%)
$1.94 * 7 = $13.58 (7%)
$13.58 * <u>13 (13 years)</u> <em>= $176.54 </em>
$194 (start) + <u>$176.54 (interest)</u> <em>= $370.54</em>
Answer:
Tooth Paste
Step-by-step explanation:
Best guess
no the firm will not do the investment. because if the firm borrows the money & invest it in the project then the return will be 6% but the cost is 8%. so it will lose 2%.
it also should not invest his own money on the project to get get the 6% return. because he could have loan the money to someone else & get 8% return. therefore his opportunity cost of investing the money is greater than the return.
therefore he should not make the investment .
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