5. Joan is deciding whether she should remodel her house now or one year from now. If she does it now, the cost will be
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5. Joan is deciding whether she should remodel her house now or one year from now. If she does it now, the cost will be
5. Joan is deciding whether she should remodel her house now or one year from now. If she does it now, the cost will be $1500. If she waits one year, the cost is expected to be $1,600. At current interest rate of 5.6%, should Joan remodel her house now or one year from now?
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