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Because of its age, your car costs $ 4 , 0 0 0 annually in maintenance expense. You could replace it with a newer vehicle
Because of its age, your car costs $ annually in maintenance expense. You could replace it with a newer vehicle costing $ Both vehicles would be expected to last four more years. If your opportunity cost is percent, by how much must maintenance expense decrease on the newer vehicle to justify its purchase?
Question Select one:
a
$
b
$
c
$
d
$
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