What is the interest rate would pay by financing, Microeconomics

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What is the interest rate would pay by financing

Laboratory equipment sells for $75,000. The manufacturer offices financing at 8% with annual payments for the 4 years for the $50,000 of the cost. The salesman is willing to cut the price by 10% if you pay cash. What is the interest rate you would pay by financing?

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Microeconomics: What is the interest rate would pay by financing

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Microeconomics: What is the interest rate would pay by financing

Reference No:- TGS068461

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Recent Questions Asked Microeconomics

Q : Prepare a statement of cash flows

Q : Investment as an equity method investment

Q : What is the book value of klingon''s assets today

Q : Cash dividend per share on preferred stock

Q : What is the interest rate would pay by financing

Q : What does the term noncontrolling interest mean

Q : How much government change expenditure for full employment

Q : Effect on specific items in the basic accounting equation

Q : Prepare the necessary journal entry

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Request for Solution File

Ask an Expert for Answer!!

Microeconomics: What is the interest rate would pay by financing

Reference No:- TGS068461

Recent Questions Asked Microeconomics

Q : Prepare a statement of cash flows

Q : Investment as an equity method investment

Q : What is the book value of klingon''s assets today

Q : Cash dividend per share on preferred stock

Q : What is the interest rate would pay by financing

Q : What does the term noncontrolling interest mean

Q : How much government change expenditure for full employment

Q : Effect on specific items in the basic accounting equation

Q : Prepare the necessary journal entry

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