Exotic Faucets and Sinks, Ltd. guarantees that their new infra-red sensor faucet will save any…

Exotic Faucets and Sinks, Ltd. guarantees that their new infra-red sensor faucet will save any household that has two or more children at least $30 per month in water costs beginning one month after the faucet is installed. If the faucet is under full warranty for five years, the minimum amount a family could afford to spend now on such a faucet at an interest rate of 6% per year compounded monthly is closest to: a. $149 b. $1552 c. $1787 d. $1890  

Don't use plagiarized sources. Get Your Custom Essay on
Exotic Faucets and Sinks, Ltd. guarantees that their new infra-red sensor faucet will save any…
For as low as $7/Page
Order Essay