Business, 06.08.2021 22:40 georgesarkes12
Suppose that you are running a business, and you need some extra space for one year. Your bank offers you a loan of $200,000 at 0% interest. You consider borrowing this amount to buy the building, use it for one year, and then sell the building to pay back the loan. Unfortunately, the economy in which you are operating is deflation at the rate of 10% per year. After one year, you should be able to sell the building for :
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Suppose that you are running a business, and you need some extra space for one year. Your bank offer...
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