Future Value on Cost of Extended Warranty. Allison Jones of Flagstaff, Arizona, is considering paying $160 a
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Future Value on Cost of Extended Warranty. Allison Jones of Flagstaff, Arizona, is considering paying $160 a year for an extended warranty on several of her major appliances. If the appliances are expected to last for five years and she can earn 4 percent on her savings, what would be the future value of the amount she will pay for the extended warranty?
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Related Book For
Probability and Statistics for Engineers and Scientists
ISBN: 978-0495107576
3rd edition
Authors: Anthony Hayter
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