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Sarah Truman is an avid scuba diver who lives in Maine

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Sarah Truman is an avid scuba diver who lives in Maine. Since New England waters are very cold, Sarah has decided to purchase a dry suit for diving. After some investigation, Sarah must decide which one of the two suits to buy - a "Denmark" suit for $750 or a "Washington" suit for $300. The major difference between the two is that the Denmark should last for 300 dives whereas the Washington suit will need to be replaced after 100 dives. Sarah has $750 in a savings account paying 8% interest, which can be used to pay for either suit. Which suit would be the most economical for Sarah to buy? Analyze Sarah's problem for each of the following assumptions:

-Sarah expects to make 25 cold water divers per year for the next 12 years.
-Sarah expects to make 50 cold water divers per year for the next 6 years.