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Home Q & A Board Science-Related Homework Help Mathematics
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Jimmyhighroller Jimmyhighroller
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A year ago
Peter and Reesa can book their Horizon Holiday package at the early-booking price of $3900, or wait four months and pay the full price of $3995.

a) Which option should they select if money can earn a 5.25% rate of return?
b) To the nearest 0.01%, at what interest rate would they be indifferent between the two prices?
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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Ms T.Ms T.
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Anonymous
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6 months ago
Help! The answer is missing an explanation...
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6 months ago
Done Smiling Face with Open Mouth
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