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Homework answers / question archive / What credit decision is appropriate for a potential customer that offers an 80 percent chance of paying in one month on a $2,000 sale that has a present value of cost of $1,600 when the monthly interest rate is 1

What credit decision is appropriate for a potential customer that offers an 80 percent chance of paying in one month on a $2,000 sale that has a present value of cost of $1,600 when the monthly interest rate is 1

Finance

What credit decision is appropriate for a potential customer that offers an 80 percent chance of paying in one month on a $2,000 sale that has a present value of cost of $1,600 when the monthly interest rate is 1.5 percent?

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