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Elaine Romberg prepares her own income tax return each year. A tax preparer charges her $ 1 1 0 for this service. Over a period
Elaine Romberg prepares her own income tax return each year. A tax preparer charges her $ for this service. Over a period of years, how much does Elaine save from preparing her own tax return? Assume she can earn percent with a savings certificate. Use Exhibit BRound time value factors to decimal places and final answer to decimal places. Omit the $ sign in your response.
Savings from preparing tax return
$
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