Rudy corporation is looking to purchase a building costing $530,000 by paying $115,000 cash on the purchase date, and agreeing to make annual payments for the next nine years. the first payment is due one year after the purchase date. rudy's incremental borrowing rate is 10%. each of the annual payments is closest to: (fv of $1, pv of $1, fva of $1, and pva of $1) (use appropriate factor(s) from the tables provided.)

Answer:

the correct answer is economics is a game without winners or losers.

explanation:

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.

How is this a question and how u need an answer for this

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