A business has four options to pay for equipment to improve work. Match the scenario in relation to the maximum amount of revenue.
Pay $50,000 cash and earn an
1.
best option
extra $60.000 in revenue.
An installment loan of $50,000
2. second best option
with APR of 20% over 24 months and
earn an extra $70,000 in revenue.
An installment loan of $50,000
3. third best option
with APR of 16% over 36 months and
earn an extra $80,000 in revenue.
An installment loan of $50,000
4. fourth best option
with APR of 18% over 30 months and
earn an extra $75,000 in revenue.
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