EBK APPLIED CALCULUS, ENHANCED ETEXT
EBK APPLIED CALCULUS, ENHANCED ETEXT
6th Edition
ISBN: 9781119399353
Author: DA
Publisher: JOHN WILEY+SONS,INC.-CONSIGNMENT
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Chapter 1.7, Problem 53P
To determine

To deduce:

Whether to buy or lease the machine based on given option using various mathematical methodologies.

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Ben Halls is trying to decide whether to lease or purchase a new car costing $18,000. If he leases, he’ll have to pay a $600 security deposit and monthly payments of $450 over the 36-month term of the closed-end lease. Ben could earn 1% on the amount of any down payment or security deposit. On the other hand, if he buys the car then he’ll have to make a $2,400 down payment and will finance the balance with a 36-month loan with a 4% interest rate; he’ll also have to pay a 6 per cent sales tax ($1,080) on the purchase price, and he expects the car to have a residual value of $6,500 at the end of 3 years. Ben can earn 4 per cent interest on his savings.Use the automobile lease versus purchase analysis form in ‘ws_Car Lease or Purchase Analysis’ to find the total cost of both the lease and the purchase and then recommend the best strategy for Ben.
A year after declaring bankruptcy and moving with her daughter back into her parents’ home, June Maffeo is about to get a degree in nursing. As she starts out in a new career, she also wants to begin a new life—one built on a solid financial base. June will be starting out as a full-time nurse at a salary of $52,000 a year, and she plans to continue working at a second (part-time) nursing job with an annual income of $10,500. She’ll be paying back $24,000 in bankruptcy debts and wants to be able to move into an apartment within a year and then buy a condo or house in five years. June won’t have to pay rent for the time that she lives with her parents. She also will have child care at no cost, which will continue after she and her daughter are able to move out on their own. While the living arrangement with her parents is great financially, the accommodations are “tight,” and June’s work hours interfere with her parents’ routines. Everyone agrees that one more year of this is about all…
Darrell Frye is planning to buy an office building at a cost of $982,000. He must pay 10% down and has a choice of financing terms. He can select from a 9% 30-year loan and pay 4 discount points, a 9.25% 30-year loan and pay 3 discount points, or a 9.5% 30-year loan and pay 2 discount points. Darrell expects to hold the building for four years and then sell it. Except for the three rate and discount point combinations, all other costs of purchasing and selling are fixed and identical. (Round your answers to the nearest cent. Use this table, if necessary.) (a)What is the amount being financed? $ (b) If Darrell chooses the 4-point 9% loan, what will be his total outlay in points and payments after 48 months? $ (c) If Darrell chooses the 3-point 9.25% loan, what will be his total outlay in points and payments after 48 months? $  (d) If Darrell chooses the 2-point 9.5% loan, what will be his total outlay in points and payments after 48 months? $    Thanks!

Chapter 1 Solutions

EBK APPLIED CALCULUS, ENHANCED ETEXT

Ch. 1.1 - Prob. 11PCh. 1.1 - Prob. 12PCh. 1.1 - Prob. 13PCh. 1.1 - Prob. 14PCh. 1.1 - Prob. 15PCh. 1.1 - Prob. 16PCh. 1.1 - Prob. 17PCh. 1.1 - Prob. 18PCh. 1.1 - Prob. 19PCh. 1.1 - Prob. 20PCh. 1.1 - Prob. 21PCh. 1.1 - Prob. 22PCh. 1.1 - Prob. 23PCh. 1.1 - Prob. 24PCh. 1.1 - Prob. 25PCh. 1.1 - Prob. 26PCh. 1.1 - Prob. 27PCh. 1.1 - Prob. 28PCh. 1.1 - Prob. 29PCh. 1.1 - Prob. 30PCh. 1.1 - Prob. 31PCh. 1.1 - Prob. 32PCh. 1.1 - Prob. 33PCh. 1.1 - Prob. 34PCh. 1.1 - Prob. 35PCh. 1.1 - Prob. 36PCh. 1.1 - Prob. 37PCh. 1.1 - Prob. 38PCh. 1.1 - Prob. 39PCh. 1.1 - Prob. 40PCh. 1.2 - Prob. 1PCh. 1.2 - Prob. 2PCh. 1.2 - Prob. 3PCh. 1.2 - Prob. 4PCh. 1.2 - Prob. 5PCh. 1.2 - Prob. 6PCh. 1.2 - Prob. 7PCh. 1.2 - Prob. 8PCh. 1.2 - Prob. 9PCh. 1.2 - Prob. 10PCh. 1.2 - Prob. 11PCh. 1.2 - Prob. 12PCh. 1.2 - Prob. 13PCh. 1.2 - Prob. 14PCh. 1.2 - Prob. 15PCh. 1.2 - Prob. 16PCh. 1.2 - Prob. 17PCh. 1.2 - Prob. 18PCh. 1.2 - Prob. 19PCh. 1.2 - Prob. 20PCh. 1.2 - Prob. 21PCh. 1.2 - Prob. 22PCh. 1.2 - Prob. 23PCh. 1.2 - Prob. 24PCh. 1.2 - Prob. 25PCh. 1.2 - Prob. 26PCh. 1.2 - Prob. 27PCh. 1.2 - Prob. 28PCh. 1.2 - Prob. 29PCh. 1.2 - Prob. 30PCh. 1.2 - Prob. 31PCh. 1.2 - Prob. 32PCh. 1.2 - Prob. 33PCh. 1.2 - Prob. 34PCh. 1.2 - Prob. 35PCh. 1.2 - Prob. 36PCh. 1.2 - Prob. 37PCh. 1.2 - Prob. 38PCh. 1.2 - Prob. 39PCh. 1.2 - Prob. 40PCh. 1.2 - Prob. 41PCh. 1.2 - Prob. 42PCh. 1.2 - Prob. 43PCh. 1.3 - Prob. 1PCh. 1.3 - Prob. 2PCh. 1.3 - Prob. 3PCh. 1.3 - Prob. 4PCh. 1.3 - Prob. 5PCh. 1.3 - Prob. 6PCh. 1.3 - Prob. 7PCh. 1.3 - Prob. 8PCh. 1.3 - Prob. 9PCh. 1.3 - Prob. 10PCh. 1.3 - Prob. 11PCh. 1.3 - Prob. 12PCh. 1.3 - Prob. 13PCh. 1.3 - Prob. 14PCh. 1.3 - Prob. 15PCh. 1.3 - Prob. 16PCh. 1.3 - Prob. 17PCh. 1.3 - Prob. 18PCh. 1.3 - Prob. 19PCh. 1.3 - Prob. 20PCh. 1.3 - Prob. 21PCh. 1.3 - Prob. 22PCh. 1.3 - Prob. 23PCh. 1.3 - Prob. 24PCh. 1.3 - Prob. 25PCh. 1.3 - Prob. 26PCh. 1.3 - Prob. 27PCh. 1.3 - Prob. 28PCh. 1.3 - Prob. 29PCh. 1.3 - Prob. 30PCh. 1.3 - Prob. 31PCh. 1.3 - Prob. 32PCh. 1.3 - Prob. 33PCh. 1.3 - Prob. 34PCh. 1.3 - Prob. 35PCh. 1.3 - Prob. 36PCh. 1.3 - Prob. 37PCh. 1.3 - Prob. 38PCh. 1.3 - Prob. 39PCh. 1.3 - Prob. 40PCh. 1.3 - Prob. 41PCh. 1.3 - Prob. 42PCh. 1.3 - Prob. 43PCh. 1.3 - Prob. 44PCh. 1.3 - Prob. 45PCh. 1.3 - Prob. 46PCh. 1.3 - Prob. 47PCh. 1.3 - Prob. 48PCh. 1.3 - Prob. 49PCh. 1.3 - Prob. 50PCh. 1.3 - Prob. 51PCh. 1.3 - Prob. 52PCh. 1.3 - Prob. 53PCh. 1.3 - Prob. 54PCh. 1.3 - Prob. 55PCh. 1.3 - Prob. 56PCh. 1.3 - Prob. 57PCh. 1.3 - Prob. 58PCh. 1.3 - Prob. 59PCh. 1.3 - Prob. 60PCh. 1.3 - Prob. 61PCh. 1.4 - Prob. 1PCh. 1.4 - Prob. 2PCh. 1.4 - Prob. 3PCh. 1.4 - Prob. 4PCh. 1.4 - Prob. 5PCh. 1.4 - Prob. 6PCh. 1.4 - Prob. 7PCh. 1.4 - Prob. 8PCh. 1.4 - Prob. 9PCh. 1.4 - Prob. 10PCh. 1.4 - Prob. 11PCh. 1.4 - Prob. 12PCh. 1.4 - Prob. 13PCh. 1.4 - Prob. 14PCh. 1.4 - Prob. 15PCh. 1.4 - Prob. 16PCh. 1.4 - Prob. 17PCh. 1.4 - Prob. 18PCh. 1.4 - Prob. 19PCh. 1.4 - Prob. 20PCh. 1.4 - Prob. 21PCh. 1.4 - Prob. 22PCh. 1.4 - Prob. 23PCh. 1.4 - Prob. 24PCh. 1.4 - Prob. 25PCh. 1.4 - Prob. 26PCh. 1.4 - Prob. 27PCh. 1.4 - Prob. 28PCh. 1.4 - Prob. 29PCh. 1.4 - Prob. 30PCh. 1.4 - Prob. 31PCh. 1.4 - Prob. 32PCh. 1.4 - Prob. 33PCh. 1.4 - Prob. 34PCh. 1.4 - Prob. 35PCh. 1.4 - Prob. 36PCh. 1.4 - Prob. 37PCh. 1.4 - Prob. 38PCh. 1.4 - Prob. 39PCh. 1.4 - Prob. 40PCh. 1.4 - Prob. 41PCh. 1.4 - Prob. 42PCh. 1.4 - Prob. 43PCh. 1.4 - Prob. 44PCh. 1.4 - Prob. 45PCh. 1.5 - Prob. 1PCh. 1.5 - Prob. 2PCh. 1.5 - Prob. 3PCh. 1.5 - Prob. 4PCh. 1.5 - Prob. 5PCh. 1.5 - Prob. 6PCh. 1.5 - Prob. 7PCh. 1.5 - Prob. 8PCh. 1.5 - Prob. 9PCh. 1.5 - Prob. 10PCh. 1.5 - Prob. 11PCh. 1.5 - Prob. 12PCh. 1.5 - Prob. 13PCh. 1.5 - Prob. 14PCh. 1.5 - Prob. 15PCh. 1.5 - Prob. 16PCh. 1.5 - Prob. 17PCh. 1.5 - Prob. 18PCh. 1.5 - Prob. 19PCh. 1.5 - Prob. 20PCh. 1.5 - Prob. 21PCh. 1.5 - Prob. 22PCh. 1.5 - Prob. 23PCh. 1.5 - Prob. 24PCh. 1.5 - Prob. 25PCh. 1.5 - Prob. 26PCh. 1.5 - Prob. 27PCh. 1.5 - Prob. 28PCh. 1.5 - Prob. 29PCh. 1.5 - Prob. 30PCh. 1.5 - Prob. 31PCh. 1.5 - Prob. 32PCh. 1.5 - Prob. 33PCh. 1.5 - Prob. 34PCh. 1.5 - Prob. 35PCh. 1.5 - Prob. 36PCh. 1.5 - Prob. 37PCh. 1.5 - Prob. 38PCh. 1.5 - Prob. 39PCh. 1.5 - Prob. 40PCh. 1.5 - Prob. 41PCh. 1.5 - Prob. 42PCh. 1.5 - Prob. 43PCh. 1.5 - Prob. 44PCh. 1.5 - Prob. 45PCh. 1.6 - Prob. 1PCh. 1.6 - Prob. 2PCh. 1.6 - Prob. 3PCh. 1.6 - Prob. 4PCh. 1.6 - Prob. 5PCh. 1.6 - Prob. 6PCh. 1.6 - Prob. 7PCh. 1.6 - Prob. 8PCh. 1.6 - Prob. 9PCh. 1.6 - Prob. 10PCh. 1.6 - Prob. 11PCh. 1.6 - Prob. 12PCh. 1.6 - Prob. 13PCh. 1.6 - Prob. 14PCh. 1.6 - Prob. 15PCh. 1.6 - Prob. 16PCh. 1.6 - Prob. 17PCh. 1.6 - Prob. 18PCh. 1.6 - Prob. 19PCh. 1.6 - Prob. 20PCh. 1.6 - Prob. 21PCh. 1.6 - Prob. 22PCh. 1.6 - Prob. 23PCh. 1.6 - Prob. 24PCh. 1.6 - Prob. 25PCh. 1.6 - Prob. 26PCh. 1.6 - Prob. 27PCh. 1.6 - Prob. 28PCh. 1.6 - Prob. 29PCh. 1.6 - Prob. 30PCh. 1.6 - Prob. 31PCh. 1.6 - Prob. 32PCh. 1.6 - Prob. 33PCh. 1.6 - Prob. 34PCh. 1.6 - Prob. 35PCh. 1.6 - Prob. 36PCh. 1.6 - Prob. 37PCh. 1.6 - Prob. 38PCh. 1.6 - Prob. 39PCh. 1.6 - Prob. 40PCh. 1.6 - Prob. 41PCh. 1.6 - Prob. 42PCh. 1.6 - Prob. 43PCh. 1.6 - Prob. 44PCh. 1.6 - Prob. 45PCh. 1.6 - Prob. 46PCh. 1.6 - Prob. 47PCh. 1.6 - Prob. 48PCh. 1.6 - Prob. 49PCh. 1.6 - Prob. 50PCh. 1.6 - Prob. 51PCh. 1.6 - Prob. 52PCh. 1.6 - Prob. 53PCh. 1.7 - Prob. 1PCh. 1.7 - Prob. 2PCh. 1.7 - Prob. 3PCh. 1.7 - Prob. 4PCh. 1.7 - Prob. 5PCh. 1.7 - Prob. 6PCh. 1.7 - Prob. 7PCh. 1.7 - Prob. 8PCh. 1.7 - Prob. 9PCh. 1.7 - Prob. 10PCh. 1.7 - Prob. 11PCh. 1.7 - Prob. 12PCh. 1.7 - Prob. 13PCh. 1.7 - Prob. 14PCh. 1.7 - Prob. 15PCh. 1.7 - Prob. 16PCh. 1.7 - Prob. 17PCh. 1.7 - Prob. 18PCh. 1.7 - Prob. 19PCh. 1.7 - Prob. 20PCh. 1.7 - Prob. 21PCh. 1.7 - Prob. 22PCh. 1.7 - Prob. 23PCh. 1.7 - Prob. 24PCh. 1.7 - Prob. 25PCh. 1.7 - Prob. 26PCh. 1.7 - Prob. 27PCh. 1.7 - Prob. 28PCh. 1.7 - Prob. 29PCh. 1.7 - Prob. 30PCh. 1.7 - Prob. 31PCh. 1.7 - Prob. 32PCh. 1.7 - Prob. 33PCh. 1.7 - Prob. 34PCh. 1.7 - Prob. 35PCh. 1.7 - Prob. 36PCh. 1.7 - Prob. 37PCh. 1.7 - Prob. 38PCh. 1.7 - Prob. 39PCh. 1.7 - Prob. 40PCh. 1.7 - Prob. 41PCh. 1.7 - Prob. 42PCh. 1.7 - Prob. 43PCh. 1.7 - Prob. 44PCh. 1.7 - Prob. 45PCh. 1.7 - Prob. 46PCh. 1.7 - Prob. 47PCh. 1.7 - Prob. 48PCh. 1.7 - Prob. 49PCh. 1.7 - Prob. 50PCh. 1.7 - Prob. 51PCh. 1.7 - Prob. 52PCh. 1.7 - Prob. 53PCh. 1.7 - Prob. 54PCh. 1.8 - Prob. 1PCh. 1.8 - Prob. 2PCh. 1.8 - Prob. 3PCh. 1.8 - Prob. 4PCh. 1.8 - Prob. 5PCh. 1.8 - Prob. 6PCh. 1.8 - Prob. 7PCh. 1.8 - Prob. 8PCh. 1.8 - Prob. 9PCh. 1.8 - Prob. 10PCh. 1.8 - Prob. 11PCh. 1.8 - Prob. 12PCh. 1.8 - Prob. 13PCh. 1.8 - Prob. 14PCh. 1.8 - Prob. 15PCh. 1.8 - Prob. 16PCh. 1.8 - Prob. 17PCh. 1.8 - Prob. 18PCh. 1.8 - Prob. 19PCh. 1.8 - Prob. 20PCh. 1.8 - Prob. 21PCh. 1.8 - Prob. 22PCh. 1.8 - Prob. 23PCh. 1.8 - Prob. 24PCh. 1.8 - Prob. 25PCh. 1.8 - Prob. 26PCh. 1.8 - Prob. 27PCh. 1.8 - Prob. 28PCh. 1.8 - Prob. 29PCh. 1.8 - Prob. 30PCh. 1.8 - Prob. 31PCh. 1.8 - Prob. 32PCh. 1.8 - Prob. 33PCh. 1.8 - Prob. 34PCh. 1.8 - Prob. 35PCh. 1.8 - Prob. 36PCh. 1.8 - Prob. 37PCh. 1.8 - Prob. 38PCh. 1.8 - Prob. 39PCh. 1.8 - Prob. 40PCh. 1.8 - Prob. 41PCh. 1.8 - Prob. 42PCh. 1.8 - Prob. 43PCh. 1.8 - Prob. 44PCh. 1.8 - Prob. 45PCh. 1.8 - Prob. 46PCh. 1.8 - Prob. 47PCh. 1.8 - Prob. 48PCh. 1.8 - Prob. 49PCh. 1.8 - Prob. 50PCh. 1.8 - Prob. 51PCh. 1.8 - Prob. 52PCh. 1.8 - Prob. 53PCh. 1.8 - Prob. 54PCh. 1.8 - Prob. 55PCh. 1.8 - Prob. 56PCh. 1.8 - Prob. 57PCh. 1.8 - Prob. 58PCh. 1.8 - Prob. 59PCh. 1.9 - Prob. 1PCh. 1.9 - Prob. 2PCh. 1.9 - Prob. 3PCh. 1.9 - Prob. 4PCh. 1.9 - Prob. 5PCh. 1.9 - Prob. 6PCh. 1.9 - Prob. 7PCh. 1.9 - Prob. 8PCh. 1.9 - Prob. 9PCh. 1.9 - Prob. 10PCh. 1.9 - Prob. 11PCh. 1.9 - Prob. 12PCh. 1.9 - Prob. 13PCh. 1.9 - Prob. 14PCh. 1.9 - Prob. 15PCh. 1.9 - Prob. 16PCh. 1.9 - Prob. 17PCh. 1.9 - Prob. 18PCh. 1.9 - Prob. 19PCh. 1.9 - Prob. 20PCh. 1.9 - Prob. 21PCh. 1.9 - Prob. 22PCh. 1.9 - Prob. 23PCh. 1.9 - Prob. 24PCh. 1.9 - Prob. 25PCh. 1.9 - Prob. 26PCh. 1.9 - Prob. 27PCh. 1.9 - Prob. 28PCh. 1.9 - Prob. 29PCh. 1.10 - Prob. 1PCh. 1.10 - Prob. 2PCh. 1.10 - Prob. 3PCh. 1.10 - Prob. 4PCh. 1.10 - Prob. 5PCh. 1.10 - Prob. 6PCh. 1.10 - Prob. 7PCh. 1.10 - Prob. 8PCh. 1.10 - Prob. 9PCh. 1.10 - Prob. 10PCh. 1.10 - Prob. 11PCh. 1.10 - Prob. 12PCh. 1.10 - Prob. 13PCh. 1.10 - Prob. 14PCh. 1.10 - Prob. 15PCh. 1.10 - Prob. 16PCh. 1.10 - Prob. 17PCh. 1.10 - Prob. 18PCh. 1.10 - Prob. 19PCh. 1.10 - Prob. 20PCh. 1.10 - Prob. 21PCh. 1.10 - Prob. 22PCh. 1.10 - Prob. 23PCh. 1.10 - Prob. 24PCh. 1.10 - Prob. 25PCh. 1.10 - Prob. 26PCh. 1.10 - Prob. 27PCh. 1.10 - Prob. 28PCh. 1.10 - Prob. 29PCh. 1.10 - Prob. 30PCh. 1.10 - Prob. 31PCh. 1.10 - Prob. 32PCh. 1.10 - Prob. 33PCh. 1.10 - Prob. 34PCh. 1.10 - Prob. 35PCh. 1.10 - Prob. 36PCh. 1.10 - Prob. 37PCh. 1 - Prob. 1SYUCh. 1 - Prob. 2SYUCh. 1 - Prob. 3SYUCh. 1 - Prob. 4SYUCh. 1 - Prob. 5SYUCh. 1 - Prob. 6SYUCh. 1 - Prob. 7SYUCh. 1 - Prob. 8SYUCh. 1 - Prob. 9SYUCh. 1 - Prob. 10SYUCh. 1 - Prob. 11SYUCh. 1 - Prob. 12SYUCh. 1 - Prob. 13SYUCh. 1 - Prob. 14SYUCh. 1 - Prob. 15SYUCh. 1 - Prob. 16SYUCh. 1 - Prob. 17SYUCh. 1 - Prob. 18SYUCh. 1 - Prob. 19SYUCh. 1 - Prob. 20SYUCh. 1 - Prob. 21SYUCh. 1 - Prob. 22SYUCh. 1 - Prob. 23SYUCh. 1 - Prob. 24SYUCh. 1 - Prob. 25SYUCh. 1 - Prob. 26SYUCh. 1 - Prob. 27SYUCh. 1 - Prob. 28SYUCh. 1 - Prob. 29SYUCh. 1 - Prob. 30SYUCh. 1 - Prob. 31SYUCh. 1 - Prob. 32SYUCh. 1 - Prob. 33SYUCh. 1 - Prob. 34SYUCh. 1 - Prob. 35SYUCh. 1 - Prob. 36SYUCh. 1 - Prob. 37SYUCh. 1 - Prob. 38SYUCh. 1 - Prob. 39SYUCh. 1 - Prob. 40SYUCh. 1 - Prob. 41SYUCh. 1 - Prob. 42SYUCh. 1 - Prob. 43SYUCh. 1 - Prob. 44SYUCh. 1 - Prob. 45SYUCh. 1 - Prob. 46SYUCh. 1 - Prob. 47SYUCh. 1 - Prob. 48SYUCh. 1 - Prob. 49SYUCh. 1 - Prob. 50SYUCh. 1 - Prob. 51SYUCh. 1 - Prob. 52SYUCh. 1 - Prob. 53SYUCh. 1 - Prob. 54SYUCh. 1 - Prob. 55SYUCh. 1 - Prob. 56SYUCh. 1 - Prob. 57SYUCh. 1 - Prob. 58SYUCh. 1 - Prob. 59SYUCh. 1 - Prob. 60SYUCh. 1 - Prob. 61SYUCh. 1 - Prob. 62SYUCh. 1 - Prob. 63SYUCh. 1 - Prob. 64SYUCh. 1 - Prob. 65SYUCh. 1 - Prob. 66SYUCh. 1 - Prob. 67SYUCh. 1 - Prob. 68SYUCh. 1 - Prob. 69SYUCh. 1 - Prob. 70SYUCh. 1 - Prob. 71SYUCh. 1 - Prob. 72SYUCh. 1 - Prob. 73SYUCh. 1 - Prob. 74SYUCh. 1 - Prob. 75SYUCh. 1 - Prob. 76SYUCh. 1 - Prob. 77SYUCh. 1 - Prob. 78SYUCh. 1 - Prob. 79SYUCh. 1 - Prob. 80SYUCh. 1 - Prob. 81SYUCh. 1 - Prob. 82SYUCh. 1 - Prob. 83SYUCh. 1 - Prob. 84SYUCh. 1 - Prob. 85SYUCh. 1 - Prob. 86SYUCh. 1 - Prob. 87SYUCh. 1 - Prob. 88SYUCh. 1 - Prob. 89SYUCh. 1 - Prob. 90SYUCh. 1 - Prob. 91SYUCh. 1 - Prob. 92SYUCh. 1 - Prob. 93SYUCh. 1 - Prob. 94SYUCh. 1 - Prob. 95SYUCh. 1 - Prob. 96SYUCh. 1 - Prob. 97SYUCh. 1 - Prob. 98SYUCh. 1 - Prob. 99SYUCh. 1 - Prob. 100SYUCh. 1 - Prob. 101SYUCh. 1 - Prob. 102SYUCh. 1 - Prob. 103SYUCh. 1 - Prob. 104SYUCh. 1 - Prob. 105SYU
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