Business, 17.04.2020 01:32 sanaiajohnson56
John's 8minusyearminusold Chevrolet Trail Blazer requires repairs estimated at $ 11 comma 000 to make it road worthy again. His wife, Sherry, suggested that he should buy a 5minusyearminusold used Jeep Grand Cherokee instead for $ 11 comma 000 cash. Sherry estimated the following costs for the two cars: Trail Blazer Grand Cherokee Acquisition cost $ 25 comma 000 $ 11 comma 000 Repairs $ 11 comma 000 long dash Annual operating costs (Gas, maintenance, insurance) $ 2 comma 580 $ 2 comma 100 What should John do? What are his savings in the first year?
Answers: 1
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