Assuming your indifferent to cash versus credit

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Reference no: EM131185088

A cash strapped young professional offers to buy your car with four, equal annual payments of 3000, beginning 2 years from today. Assuming your indifferent to cash versus credit, that you can invest at 10%, and that you want to recieve 9,000 for the car, should you accept?

Reference no: EM131185088

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