Make sure your answer is 100% correct. Check this pls. Your income this...
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Make sure your answer is 100% correct. Check this pls.
Your income this year is $90,000 and your income next year is $140,000. The borrowing rate is 5.70% pa. There is also a project which costs $70,000 today and pays $75,500 next year. Under these circumstances, if the maximum consumption you can achieve next year is $236,360, what is the saving 5 rate per year? 4.80%5.70%4.30% Cannot be calculated 5.20%
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Your income this year is $90,000 and your income next year is $140,000. The borrowing rate is 5.70% pa. There is also a project which costs $70,000 today and pays $75,500 next year. Under these circumstances, if the maximum consumption you can achieve next year is $236,360, what is the saving 5 rate per year? 4.80%5.70%4.30% Cannot be calculated 5.20%
