Question: Manual calculations pls! (No Excel files) I need complete solutions and correct answers pls! Ill upvote as soon as possible! I need help with this
Manual calculations pls! (No Excel files) I need complete solutions and correct answers pls! Ill upvote as soon as possible! I need help with this one. *Not more than 2 hours of answering :((
Manual calculations pls! (No Excel files) I need complete solutions and correct answers pls! Ill upvote as soon as possible! I need help with this one. *Not more than 2 hours of answering :((
**sorry is there something missing in the problem?
A company earns about 15% annual interest rate from its normal course of business activities. Two loan alternatives are made available for the said company which can be used for business investment: Alternative A: Accept an 11% loan to be repaid in 6 equal end-of-year installments. Alternative B: Accept a 12% loan that would be paid in 10 equal end-of-year installments. To maximize worth, which alternative is better? Show your calculations in your solutions, and compare the final values for each alternative. ( 15pts ) A company earns about 15% annual interest rate from its normal course of business activities. Two loan alternatives are made available for the said company which can be used for business investment: Alternative A: Accept an 11% loan to be repaid in 6 equal end-of-year installments. Alternative B: Accept a 12% loan that would be paid in 10 equal end-of-year installments. To maximize worth, which alternative is better? Show your calculations in your solutions, and compare the final values for each alternative. ( 15pts )
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