Is this a good deal for mi love inc


On Nov. 1, 2012, My Love Inc paid $165.00 to Craig Life Insurance Co. and promises to pay the same amount on a monthly basis for the next 17 years. At the end of 17 years, Craig Life Insurance promises to pay Mi Love Inc $200,000.00. Is this a good deal for Mi Love Inc?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Is this a good deal for mi love inc
Reference No:- TGS0716988

Expected delivery within 24 Hours