Ask Question
5 May, 07:16

Cromwell enterprises is acquiring athens, inc. for $899,000. athens has agreed to accept annual payments of $210,000 at an interest rate of 8.5 percent. how many years will it take cromwell enterprises to pay for this purchase

+4
Answers (1)
  1. 5 May, 07:37
    0
    5.55 years

    I/Y: 8.5

    PV: 899000

    PMT: - 210000

    FV:0
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Cromwell enterprises is acquiring athens, inc. for $899,000. athens has agreed to accept annual payments of $210,000 at an interest rate of ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers