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Problem 3: Sam is interested in buying a TV but knows they will have to sell it in 5 years. If Sam buys an LG TV, they know it will decrease in price by $15 per year on average. If Sam buys a Samsung TV, they know it will decrease in price by 10% per year on average, Both TV's cost $899.99 to buy now. Which TV will be worth more after 5 years, and by how much?

Problem 3: Sam is interested in buying a TV but knows they will have to sell it in 5 years. If Sam buys an LG TV, they know it will decrease in price by $15 per year on average. If Sam buys a Samsung TV, they know it will decrease in price by 10% per year on average, Both TV's cost $899.99 to buy now. Which TV will be worth more after 5 years, and by how much?

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Problem 3: Sam is interested in buying a TV but knows they will have to sell it in 5 years. If Sam buys an LG TV, they know it will decrease in price by $15 per year on average. If Sam buys a Samsung TV, they know it will decrease in price by 10% per year on average, Both TV's cost $899.99 to buy now. Which TV will be worth more after 5 years, and by how much? 5
Transcribed Image Text:Problem 3: Sam is interested in buying a TV but knows they will have to sell it in 5 years. If Sam buys an LG TV, they know it will decrease in price by $15 per year on average. If Sam buys a Samsung TV, they know it will decrease in price by 10% per year on average, Both TV's cost $899.99 to buy now. Which TV will be worth more after 5 years, and by how much? 5
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