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Business, 24.04.2020 18:00 averyiodonnell

A baker is considering to expand her business by adding an additional oven to her kitchen. The new oven would cost $700.The baker excepts the new oven to bring in additional profit of $800. The baker can borrow at a nominal interest rate of 15% and the current inflation rate is 4%. Should she invest

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A baker is considering to expand her business by adding an additional oven to her kitchen. The new o...
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