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Personal Finance 1st Edition by Jack R. Kapoor
Edition 1ISBN: 1308231393Personal Finance 1st Edition by Jack R. Kapoor
Edition 1ISBN: 1308231393 Exercise 30
Computing Discount Payback. In the preceding example, assuming their insurance rates remain the same, how many years will it take Matt and Kristin to earn back in discounts the cost of the dead–bolts? The cost of the smoke detectors? (Obj. 3)
Explanation
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Solution: $120 ÷ $22.50 = 5.33 ...
Personal Finance 1st Edition by Jack R. Kapoor
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