2 Answered Questions for the topic Ecenomics

Excel Financial Functions

Time for a new problem. You want to borrow $200,000 at 4% interest compounded monthly. If you canafford to make monthly payments of only $1200/month, how many months (cell J14 on the sample... more

Financial Functions Excel

The casino threw in a new twist. In addition to the previous offer (options 1 and 2):1) $30,000 five years from now, or2) $25,000 todayThey are offering to pay you an annuity (option 3):3) $9,000... more

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