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Extra Credit - Mrs. Freeland has hod enoughi She is going into the business of renting bicycies. She wants to purchase 15 bikes and expects

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Extra Credit - Mrs. Freeland has hod enoughi She is going into the business of renting bicycies. She wants to purchase 15 bikes and expects the bikes to last four years and then be sold for $10 each. She will rent thom out for $7 per diry. 5he expects the bikes to be tented 200 of the time. Ignoring taxes (the saym she won't poy theml) and assuming she wants to moke 30% on her money, what is the maximum aimount she's willing to pay for the bikes

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