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QuizMultiple Choice

Warranties

Question 1 • Financial Math A

A vacuum cleaner costs $68, and the full-replacement extended warranty costs $22. If the manufacturer sells 360,920 vacuum cleaners under warranty and must replace 15% of them to honor the warranties, how much will the replacement costs be?a.$4,258,856b.$3,681,384c.$1,191,036d.$6,749,204

Answer
A
A
B
B
C
C
D
D
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A vacuum cleaner costs $68, and the…