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12. Mary wants to use $35,000 to buy an expensive piano. Through research, Mary ha learned 7.o that this particular piano brand tends to appreciate
12. Mary wants to use $35,000 to buy an expensive piano. Through research, Mary ha learned 7.o that this particular piano brand tends to appreciate in value at an average of 3.2% per year. Mary is thinking of the piano as an investment that can also be enjoyed. Mary's father has advised her to put her money into a stock that pays a $1.40 yearly dividend.The stock's price is currently at $26.60. Mary would like to examine each investment in an analytical way before making a final decision. How much better is the yield per year on the stock than on the piano? 2 our work here Answer 23
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