What is a certified pre-owned vehicle

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Question: 1. What is a "certified pre-owned" vehicle? What are the benefits and drawbacks of this type of purchase?

2. A service contract for a video projection system costs $70 a year. You expect to use the system for five years. Instead of buying the service contract, what would be the future value of these annual amounts after five years if you earn 3 percent on your savings?

Reference no: EM131486200

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