Multiple Choice
John's 8-year-old Chevrolet Trail Blazer requires repairs estimated at $7,000 to make it road worthy again. His wife, Sherry, suggested that he should buy a 5-year-old used Jeep Grand Cherokee instead for $7,000 cash. Sherry estimated the following costs for the two cars:
What should John do? What are his savings in the first year?
A) Buy the Grand Cherokee; $8,700
B) Fix the Trail Blazer; $4,380
C) Buy the Grand Cherokee; $880
D) Fix the Trail Blazer; $7,247
Correct Answer:
Verified
Correct Answer:
Verified
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