Maurice Tutor

(5)

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Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 1 Day Ago
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 21 Jan 2018 My Price 2.00

art dealer

*40. You are thinking about buying a piece of art that costs $50,000. The art dealer is proposing the following deal: He will lend you the money, and you will repay the loan by making the same payment every two years for the next 20 years (i.e., a total of 10 payments). If the interest rate is 4% per year, how much will you have to pay every two years?

 

 
 

Answers

(5)
Status NEW Posted 21 Jan 2018 10:01 PM My Price 2.00

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