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courtneyjuma courtneyjuma
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2 years ago
Jonas recently purchased a one-year membership at Gold's Gym. He can add a second year to the membership now for $1215, or wait 11 months and pay the regular single-year price of $1280.
a) Which is the better economic alternative if money is worth 8.5%?
b) At what rate (to the nearest 0.01%) would the alternatives be equivalent?
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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mbiij16mbiij16
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2 years ago
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courtneyjuma Author
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2 years ago
Good timing, thanks!
dearsophia21
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Yesterday
Smart ... Thanks!
patyfeitosa
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2 hours ago
Thank you, thank you, thank you!
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