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For Dorothy, one of the most exciting aspects of landing a full-time job was being able to buy a different car! Even though she will
For Dorothy, one of the most exciting aspects of landing a full-time job was being able to buy a different car! Even though she will be working in an urban area, she will need a reliable vehicle to travel to client locations outside the city. Dorothy is trying to decide if she should buy a new vehicle or a slightly used vehicle, or lease a new(er) vehicle. She has had her eye on a dazzling blue SUV; it stares at her every time she drives by the lot. But she's not sure if she can justify its cost. Here are the costs and benefits she has gathered for each of these options: Identify the relevant costs associated with each of Dorothy's three options. (Round answers to 2 decimal places, e.g. 15.25.)
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