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A motor vehicle has annual depreciation of $2,500; oil changes cost $130, automobile insurance $480 annually, and license plates costs $120. What is the annual

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A motor vehicle has annual depreciation of $2,500; oil changes cost $130, automobile insurance $480 annually, and license plates costs $120. What is the annual amount of the total fixed operating cost for this vehicle? Multiple Choice $2,630 $3,100 O O $3,230 O $2,500 O $2,980

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