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How can you utilize capital budgeting techniques in your personal finances to determine if an investment is a good idea? Give an example of a

How can you utilize capital budgeting techniques in your personal finances to determine if an investment is a good idea?
Give an example of a personal purchase or a small business investment venture. Did you pay too much for the acquired purchase/investment?
How can you utilize one of the capital budgeting techniques in your personal investment decisions?

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