Business, 29.11.2019 07:31 crebflower
Would use the present value of an annuity due for which of the following transactions?
a. noel inc. rents a warehouse for 7 years with annual rental payments of $120,000 to be made at the end of each year.
b. noel, inc. borrows $20,000 and has agreed to pay back the principal plus interest in three years.
c. noel, inc. wants to deposit a lump sum to accumulate $50,000 for the construction of a new parking lot in 4 years.
d. noel, inc. rents a truck for 5 years with annual rental payments of $20,000 to be made at the beginning of each year.
Answers: 1
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Would use the present value of an annuity due for which of the following transactions?
a. no...
a. no...
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