Donny and Barbara want to join a sports and exercise club. The HiPro plan has no upfront
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Donny and Barbara want to join a sports and exercise club. The HiPro plan has no upfront charge and the first month is free. It then charges a total of $100 at the end of each subsequent month.
Bally charges a membership fee of $100 per person now and $20 per person per month starting the first month. How many months will it take the two plans to reach a breakeven point? Solve by hand or spreadsheet, as requested by your instructor.
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Related Book For
Basics Of Engineering Economy
ISBN: 9780073376356
2nd Edition
Authors: Leland T. Blank, Anthony Tarquin
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