Ttc is planning to raise $3.25 million for three years at an interest rate of 7.35 percent to finance their expansion. the alban county board of commissioners has just offered the firm the $3.25 million they need at 5.25 percent if the firm builds in alban county, pays the interest annually, and repays the principal at the end of three years. what is the net present value of the loan to ttc if the firm’s tax rate is 34 percent and it accepts the county’s offer?

$329,245.19

$186,415.92

$293,651.12

$346,089.97

$212,100.00

Answer

329,245.19

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

answer: b. false

the staff is a set of five horizontal lines and four spaces which represent a different musical pitch. the lines and the spaces are numbered from bottom to top, the bottom line is the first line and the fifth line is the line on the top. the notes on the top of the staff (fifth line) have a higher pitch than a note at the bottom of the staff.