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You negotiate a car price to $ 2 2 , 0 0 0 . You must add sales tax to the purchase of 1 0

You negotiate a car price to $22,000. You must add sales tax to the purchase of 10.25%(this varies from state to state), which gives you the total purchase price for the car at $24,255. You trade in your old vehicle for $3,000, and you benefit from a $1,000 manufacturers rebate. What is your adjusted capitalized cost?

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