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QUESTION
if you buy a car for $100 down and $100 a year, what is the present value at a 5% rate.
if you buy a car for $100 down and $100 a year, what is the present value at a 5% rate.
Questionif you buy a car for $100 down and $100 a year, what is the present value at a 5% rate.SolutionYearCash FlowPV factor @ 0 195.24 1000.95 100 5% PV of cash flowsPV of car 11001.00...