A restaurant is purchasing a new HVAC system. The purchase includes a 1-year parts and labor warranty for $719.99. The extended warranty covers 80% of parts and labor costs, as well as routine maintenance service calls. The HVAC system model averages $2,000 per year in repairs and maintenance fees. 

Does the restaurant save or lose money using the warranty for one year?  

Answer rating: 100% (QA)

To determine whether the restaurant saves or loses money by using the warranty for one year lets cal... View the full answer