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Step 3: Apply Quantitative Tools
Use computational and algebraic tools to quantify the total costs (gas, maintenance/repairs, purchase price) for each scenario over the three years.

Round your answers to the nearest dollar.

Scenario

Total Cost for Three Years

Keep the old car

$
Number


Buy the fuel-efficient used car

$
Number




Step 4: Make an Informed Decision

Based on the information presented what do think Manny should decide?

Option #1: Keep the old car

Option #2: Buy the fuel-efficient used car

Option #
Number

Answer :

Answer: Total old car is $2955.89, new car $1080.94 *for 3yrs

Step-by-step explanation:

Old= [(100/19)($2.36)(52)+$770]*3 = $2955.89

New=[(100/34)($2.36)(52)+20(12)]*3= $1080.94

I keep the old car # 1