How does our decision depend on the interest rate


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We acquired new office furniture for the office. The invoice for $6,000 offers two ways to pay: we can pay the entire amount by September 1, or we can pay $3060 by September 1 and $3,000 by January 1. How does our decision depend on the interest rate at which we can invest our funds? Attach excel spreadsheet (no screenshots) or I will not give a thumbs upBe sure to explain your answer thoroughly and attach your Excel worksheet to support your findings.

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Business Management: How does our decision depend on the interest rate
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