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Is this a profitable investment? Tom is a street musician who plays the spots for donations from passers-by. He borrows 2,000 a year at 8%
Is this a profitable investment?
Tom is a street musician who plays the spots for donations from passers-by. He borrows 2,000 a year at 8% interest to buy a saxophone. After buying his saxophone, his total revenue increases by 1,100.
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