A car salesperson gives you four alternative ways to pay for your car. the first is to pay $18,000 today. the second is to pay $

Question

2 years ago

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A car salesperson gives you four alternative ways to pay for your car. the first is to pay $18,000 today. the second is to pay $

19,000 one year from today. the third is to pay $20,300 two years from today. the fourth is to pay $21,500 three years from today. if the interest rate is 6 percent, which payment option has the lowest present value and which has the highest?

Business

1 answer:

vazorg [7] · Answer 1 · 2023-06-05T23:08:01+03:00

vazorg [7]2 years ago

4 0

<span>b. The second is lowest; the third is highest.
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