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You are planning to buy a used car. The cost of the used car is $2, 500. You plan to keep the car for seven
You are planning to buy a used car. The cost of the used car is $2, 500. You plan to keep the car for seven years, and estimate that annual maintenance will be $250. Given that it is a very old car, you estimate that every three years, you will need $800 for an overhaul. At the end of seven years, you can sell the car for $450. Complete the following cash flow table for your new car. Enter your answer as follow: -1234 for negative value; 1234 for positive value
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