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March 28, 2017

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If the operators
of the golf course revised their revenue estimates so that each cart is
expected to earn $100 less, how many carts would they buy at an interest
rate of 8 percent? How many would they buy if the interest rate is 3 percent?

  • macroeconomics - ,

    Like some of your earlier posts, some critical information is missing. What is the price of a cart? and what is the useful life (in years) of a cart?

  • macroeconomics - ,

    This is how the question is asked..., no other info given.

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