2 example ia

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Answer Q5

P=-80000

A=-850.00

543210

Year

A=1,500.00

F=150,000.00

Romesh
Sticky Note
take a vehicle for 80000, from next year it will give a income of 15000 yearly, there will be a tax of 850 per year. End of 5ht year we sell the vehicle for 150000. What is the worst interest rate that I should take a loan for this project?

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