asked 99.5k views
3 votes
Someone offers to buy your car for four, equal annual payments, with the first payment coming 2 years from today. If you think that you could sell your car to another purchaser for an immediate payment of $9,000 and the interest rate is 10%, what is the minimum annual payment that you would accept from this buyer?

asked
User Lydia
by
8.1k points

1 Answer

3 votes

Answer:

4i8484884858585848484i

answered
User Orlymee
by
8.4k points
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