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John's 8-year-old Chevrolet Trail Blazer requires repairs estimated at $7,000 to make it road worthy again. His wife, Sherry, suggested that he should buy a
John's 8-year-old Chevrolet Trail Blazer requires repairs estimated at $7,000 to make it road worthy again. His wife, Sherry, suggested that he should buy a 5-year-old used Jeep Grand Cherokee instead for $7,000 cash. Sherry estimated the following costs for the two cars: Trail Blazer $26,000 $7,000 Grand Cherokee $7,000 Acquisition cost Repairs Annual operating costs (Gas, maintenance, insurance) $2,580 $1,700 The cost NOT relevant for this decision is the O A. acquisition cost of the Grand Cherokee OB. repairs to the Trail Blazer O c. acquisition cost of the Trail Blazer O D. annual operating costs of the Grand Cherokee
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