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Financial Math A
Warranties
Question 9
9
Quiz
Multiple Choice
Warranties
Question 9 • Financial Math A
A microwave costs $89, with a $17 full-replacement warranty. If the manufacturer sells 475,360 warranties and has to honor 7.5% of them, how much profit did the manufacturer make from the warranties?a.$3,779,112b.$7,475,036c.$4,908,092d.$8,687,204
Answer
A
A
B
B
C
C
D
D
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