Question: Be sure to explain your answer thoroughly and attach your Excel worksheet to support your findings. We acquired new office furniture for the office. The
Be sure to explain your answer thoroughly and attach your Excel worksheet to support your findings.
We acquired new office furniture for the office. The invoice for $6,000 offers two ways to pay: we can pay the entire amount by September 1, or we can pay $3060 by September 1 and $3,000 by January 1. How does our decision depend on the interest rate at which we can invest our funds? Please attach excel apreadsheet (no screenshots) or I will not give a thumbs up. The interest rate is not given since the question asks how the decision depends on the interest rate...
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