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MBA,MCS,M.phil
Devry University
Jan-2008 - Jan-2011
MBA,MCS,M.Phil
Devry University
Feb-2000 - Jan-2004
Regional Manager
Abercrombie & Fitch.
Mar-2005 - Nov-2010
Regional Manager
Abercrombie & Fitch.
Jan-2005 - Jan-2008
Comparison of Alternatives On January 1, 2010, Chen Yu’s Office Supply Store plans to remodel the store and install new display cases. Chen has the following options of payment. Chen’s interest rate is 8%.
a. Pay $270,000 on January 1, 2010.
b. Pay $294,300 on January 1, 2011.
c. Pay $334,750 on January 1, 2012.
d. Make four annual payments of $82,500 beginning on December 31, 2010.Â
Required
Which option should he choose?Â
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