Question

1. A neighbor asks to borrow your $500 to buy a lawnmower to start a grass-cutting service in your
neighborhood next summer. He offers to pay you $600 after one year.
I would/would not accept this offer because

Answer 1

Answer:

Shown below

Explanation:

I won't because the return is small considering the loan period; I would ask for a renegotiation for $650.