Golden engineering is a small firm with a cash flow problem


Golden Engineering is a small firm with a cash flow problem. The owner is planning on putting the monthly travel costs of $4000 on his corporate credit card. If the nominal interest rate is 18%, what does he owe after 4 months? Assume charges become effective at the end of the month.

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Business Economics: Golden engineering is a small firm with a cash flow problem
Reference No:- TGS02602220

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