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Question 3: A $15,000 car that lasts five years with an average annual operating cost of $8,000, or a $20,000 car that lasts six years

Question 3: A $15,000 car that lasts five years with an average annual operating cost of $8,000, or a $20,000 car that lasts six years with an average annual operating cost of $7,000. The interest rate is 8 percent for both options. Which option should you go for? (2 points)

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