[Onyinye]

Okay. Thank you. So that means that the company could either make a one time payment of $14,275 or make annual payments of $5,000 with a 15% interest rate right?
Now I’m confused as to why we are working with both payment options i.e. the $14,275 and the $5,000. Aren’t we supposed to work them both separately?
I think I’m confusing myself. Please help!

[Author]

Posts