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Business, 19.04.2020 18:48 christophergaudette0

(a) A local bookseller is considering expanding store space to increase his capacity for books.
The rent for the additional space would cost $3000 per year. The bookseller predicts that the
added space will pull in an additional profit of $4000 per year. The current interest rate is 12%.
Should the bookseller invest in the extra space?

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(a) A local bookseller is considering expanding store space to increase his capacity for books.
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