A business has four options to pay for equipment to improve work. Match the scenario in relation to the maximum amount of revenue.
An installment loan of $50,000 with
1. best option
2. second best option
3.third best option
4.fourth best option
-and installment loan of 50,000 with APR of 18% over 30 months and earn an
extra $75,000 in revenue.
An installment loan of $50,000 with
-an installment loan of 50,000 with APR of 16% over 36 months and earn an
extra $80,000 in revenue.
-An installment loan of $50,000 with APR of 20% over 24 months and earn an
extra $70,000 in revenue.
-Pay $50,000 cash and earn an extra $60,000 in revenue.