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A Cash-Strapped Young Professional Offers to Buy Your Car with Four

question 95

Multiple Choice

A cash-strapped young professional offers to buy your car with four, equal end of year annual payments of $3,000, beginning 2 years from today (the first payment will be made on the last day of year 2) .Assuming you're indifferent to cash versus credit, that you can invest at 10%, and that you want to receive $9,000 for the car, should you accept?


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External Environment

The surroundings outside an organization or system that influence its operations and outcomes.

Strategy Formulation

The process of developing strategies to achieve organizational goals based on analysis of internal and external environments.

Organizational Structure

The manner in which an organization divides its labor into specific tasks and achieves coordination among these tasks.

Indirect Impact

The secondary or not immediately apparent effects of an action or policy, which may influence outcomes in a less direct manner.

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