What is the value in year 8 of a $1,900 cash flow made in year 5 if interest rates are 9 percent?
What is the value in year 15 of a $300 cash flow made in year 8 if interest rates are 10 percent?
A small business owner visits her bank to ask for a loan. The owner states that she can repay a loan at $3,000 per month for the next three years and then $6,000 per month for two years after that. If the bank is charging customers 10.00 percent APR, how much would it be willing to lend the business owner?
A small business owner visits his bank to ask for a loan. The owner states that he can repay a loan at $2,800 per month for the next three years and then $1,800 per month for two years after that. If the bank is charging customers 9.25 percent APR, how much would it be willing to lend the business owner?