Company X is given 20,000 today to purchase a vehicle that cast 40,000. You been the expert of company X was called management to advise. The 20,000 could be invested in LBDI at 20% per annual for 5 years because the interest will rise after the 5 years.

What could be the amount available if the amount invested in LBDI is 20,000?

Answer rating: 100% (QA)

To calculate the amount available if the 20000 is invested in LBDI assuming this st... View the full answer