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7. Joe is a house painter and needs scaffolding for his next job. He has three options: Rent steel scaffolding for $340 per month. Buy

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7. Joe is a house painter and needs scaffolding for his next job. He has three options: Rent steel scaffolding for $340 per month. Buy new scaffolding for $1302.80. Buy used scaffolding at 60% of the purchase price when new. a) What is the cost of each option? b) If the job will take 3 months to complete, which option is better for Joe

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