The extended warranty on a $960 dishwasher is 21% of the purchase price and lasts for eight years. What is the effective cost per year of the extended warranty?
a.
$28.80
b.
$45.20
c.
$23.78
d.
$25.20
a.
$28.80
b.
$45.20
c.
$23.78
d.
$25.20