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U/14/20 11:45 Homework: 4-3 MyFinanceLab: Assignment: Module Four Homework Score: 0 of 7 pts 4017 (3 complete) HW Score: 25,31% 13 16 of Problem P7-9

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U/14/20 11:45 Homework: 4-3 MyFinanceLab: Assignment: Module Four Homework Score: 0 of 7 pts 4017 (3 complete) HW Score: 25,31% 13 16 of Problem P7-9 (similar to) Question Help Antonio would like to replace his golf clubs with a custom measured el. A local sporting goods megastore is veising custom clube for 5590, including a new bag in store francing is able t6 29 percent or he can choose not to renew his 5600 certificate of depost (CD), which just matured. The avertised Cowes 695 percent Antonio knows the store financing costs would not affect his taxes, but he knows he payta (25 percent federal and 575 percent state on the interest eamings Should he cash the CD or use the store financing? Why? The ster tax co camingsrate is 1 Round to two decimal places

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