Mathematics, 11.02.2021 06:40 nauticatyson9

Alexandra can buy a movable artist's-work-and-storage furniture set from her art instructor. She would buy it on credit for $5,000 at a simple interest rate of 4% for 3 years. She can purchase a similar furniture set online for $5,500 plus a $295 shipping and handling fee. Including interest, which set costs less? How much would Alexandra pay for the set? Show your work.

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