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A bakery is trying to decide whether or not to buy a new oven. The bakery will buy the oven if it increases profits over
A bakery is trying to decide whether or not to buy a new oven. The bakery will buy the oven if it increases profits over the next four years. Assume a interest rate. If the bakery does not buy the new oven, it will earn a profit of $ at the end of each of the next four years. If the bakery does buy the new oven, profits will be $ at the end of year $ at the end of year $ at the end of year and $ at the end of year Should the bakery buy the oven?
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