Question: Review Exhibit 1 in this chapter. If the operators of the golf course revised their revenue estimates so that each cart is expected to earn

Review Exhibit 1 in this chapter. If the operators of the golf course revised their revenue estimates so that each cart is expected to earn $250 less, how many carts would they buy at an interest rate of 8 percent? How many would they buy if the interest rate is 3 percent?

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