How large investment merchandiser Otto Riski may do in his company, when he could pay annually...
How large investment merchandiser Otto Riski may do in his company, when he could pay annually 100 000 € annuity? To the investment he can obtain financing with the interest rate of 8 % and with paying back time of 6 years.
Homework Answers
Using financial calculator
Input:
PMT=-100000
I/Y=8
N=6
Solve for PV as 462287.97
Amount of investment he can obtain $462287.97
Add Answer to:
How large investment merchandiser Otto Riski may do in his
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