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Cost Comparison
Automobile purchase
Is it more economical to buy an automobile for $29,000 cash or to pay $4,500 down and $3,000 at the end of each quarter for 2 years, if the money is worth 8% compounded quarterly? What is the cash equivalent savings by picking the better plan?
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devirde Rs 570 between x y and z such that y may recive 45 more than x and y may recive Rs 30 more then y.
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