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https://www.coursehero.com/file/10847623/BUS-225-Section1-Review-Problems-Solutions/ When looking at this page, for question number 3, I don't understand how they got the 1.09 to multiply by the $38,000.

https://www.coursehero.com/file/10847623/BUS-225-Section1-Review-Problems-Solutions/

When looking at this page, for question number 3, I don't understand how they got the 1.09 to multiply by the $38,000.

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