A grocery store manager must decide whether to buy four rug cleaners to rent to customers.The manager estimates that the first would yield $200 a year,the second $150,the third $75,and the fourth $20.If the interest rate is 12 percent and each rug cleaner costs $500,how many should the manager buy?

Question

Quizplus · Accepted Answer

The Answer of A grocery store manager must decide whether to buy four rug cleaners to rent to customers.The manager estimates that the first would yield $200 a year,the second $150,the third $75,and the fourth $20.If the interest rate is 12 percent and each rug cleaner costs $500,how many should the manager buy?

A Grocery Store Manager Must Decide Whether to Buy Four