ShaNey saw that the campus bookstore is having a special on pads of computation paper normally priced at $3.75 a pad, now on sale for $3.50 a pad. This sale is unusual and ShaNey assumes the paper will not be put on sale again. On the other hand, she expects that there will be no increase in the $3.75 regular price, even though the inflation rate is 0.75% every 3 months. ShaNey believes that competition in the paper industry will keep wholesale and retail prices constant. She uses a pad of computation paper every 3 months. ShaNey considers 9% a suitable minimum attractive rate of return. ShaNey will buy one pad of paper for her immediate needs. How many extra pads of computation paper should she buy?
ShaNey saw that the campus bookstore is having a special on pads of computation paper normally priced at $3.75 a pad, now on sale for $3.50 a pad. This sale is unusual and ShaNey assumes the paper will not be put on sale again. On the other hand, she expects that there will be no increase in the $3.75 regular price, even though the inflation rate is 0.75% every 3 months. ShaNey believes that competition in the paper industry will keep wholesale and retail prices constant. She uses a pad of computation paper every 3 months. ShaNey considers 9% a suitable minimum attractive
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