Hi-Tech Inc. has several obsolete computers that cost a total of $8,900 and could sell for $2,300 for scrap. Could be upgraded for an additional $1200 and sold. If Hi-Tech upgrades the computers and sells them, net income will increase by $4,500. At what price were the updated versions sold?

Answer rating: 100% (QA)

To find out at what price the updated versions were sold we can set up an equation Let X be the sell... View the full answer