Mathematics, 11.02.2021 06:50, ledtje03

Alexandra can buy a movable artist's-work-and-storage furniture set from her art instructor. She would buy it on credit for $5000 at a simple interest rate of 4% for 3 years. She can purchase a similar furniture set online for $5500 plus $295 shipping and handling fee. Including interest, which set costs less? How much would Alexandra pay for the set?

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Alexandra can buy a movable artist's-work-and-storage furniture set from her art instructor. She wou...