Bill's 9 yrs old Chevrolet trail blazer requires estimated $7000 to make it road worthy again. His wife ,Marcy, suggested that he should buy a 5 yr old used jeep grand Cherokee instead for 7000 cash. both would have the same life remaining. Marcy estimated the following for the two cars:

what should John do ? what are his savings in the first year?

Trail Blazer Grand Cherokee $30,000 $7,000 Acquisition cost $7,000 Repairs Annual operating costs $2,580 $1,700 (Gas, maintenance, insurance) What should John do? What are his savings in the first year? DA. Buy the Grand Cherokee: $8,700 W B. Fix the Trail Blazer: $4,380 m C. Buy the Grand Cherokee: $880 UD. Fix the Trail Blazer: $7.247 > A Moving to another question will save this response