3. Two years ago, Ramona won $900 in a radio contest. Instead of investing the money in a savings bond that would have earned $45 in interest. Today, she sold the iPad for $300. Calculate the economic depreciation of the iPad. 4? Briefly explain one of the flaws with the HHI.
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The interest earned would be $45, so the total amount would be $900 + $45 = $945. Show moreā¦
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