Business, 24.09.2019 03:20, lolo8787

Rke & associates is considering the purchase of a building it currently leases for $30,000 per year. the owner of the building put it up for sale at a price of $180,000, but because the firm has been a good tenant, the owner offered to sell it to rke for a cash price of $160,000 now. if purchased now, how long will it be before the company recovers its investment at an interest rate of 9% per year? solve by using the nper function.

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Rke & associates is considering the purchase of a building it currently leases for $30,000 per...