Question: Please explain your response a step by step. Jean has decided it is time to buy a new battery for her car. Her choices are

Please explain your response a step by step. Jean has decided

Please explain your response a step by step.

Jean has decided it is time to buy a new battery for her car. Her choices are First cost Guarantee period (months) Zappo $56 12 Kicko $90 24 Jean believes the batteries can be expected to last only for the guarantee period. She does want not to invest extra money in a battery unless she can expect a 50% rate of return. If she plans to keep her car another 2 years. (a) What is the incremental rate of return between the two batteries? (b) Which battery should be selected

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