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7. Based on financial and opportunity costs, which of the following do you believe would be the wiser purchase? Vehicle 1: A three-year-old car

7. Based on financial and opportunity costs, which of the following do you believe would be the wiser purchase? Vehicle 1: A three-year-old car with 45,000 miles, costing $15700 and requiring $585 of immediate repairs Vehicle 2: A five-year-old car with 62,000 miles, costing $9500 and requiring $960 of immediate repairs

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