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This Question: 1 pt 36 of 40 (25 complete) is Test: 40 pts possible You plan to buy a used refrigerator this year for $250 and to sell it when you graduate in two years. Assuming that you can get $125 for the refrigerator at that time, there is no inflation, and the interest rate is 4%, what is the true cost (your current outlay minus the resale value in current terms) of the refrigerator to you? The cost of the refrigerator to you is (Enter your response as a real number rounded to two decimal places.)
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