Mr Rick is trying to sell a piece of land located in Texas. He has been offered
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Mr Rick is trying to sell a piece of land located in Texas. He has been offered $118,400 by the first buyer show will be paying the amount by the end of the year. Another has offered him $120.000 payable immediately. Mr Rick is confident that the two offers are genuine. Advice Mr Rick on which offer he should take if the interest rate in the market is 12% (6 marks)
Related Book For
Complete Business Statistics
ISBN: 9780077239695
7th Edition
Authors: Amir Aczel, Jayavel Sounderpandian
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