Multiple Choice
Cybil Baunt just inherited a 1958 Chevy Impala from her late Aunt Joop. Aunt Joop purchased the car 40 years ago for $8,000. Cybil is either going to sell the car for $10,000 or have it restored and then sell it for $22,000. The restoration will cost $9,000. Cybil would be financially better off by:
A) $3,000 to have the vehicle restored
B) $6,000 to have the vehicle restored
C) $9,000 to have the vehicle restored
D) $11,000 to have the vehicle restored
Correct Answer:
Verified
Correct Answer:
Verified
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