Calculating the Present Value of a Consumer Purchase. What would be the net present value of a

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Calculating the Present Value of a Consumer Purchase. What would be the net present value of a microwave oven that costs $159 and will save you $68 a year in time and food away from home? Assume an average return on your savings of 4 percent for five years.

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Personal Finance

ISBN: 9781260799736

13th Edition

Authors: Jack Kapoor

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