Question: Due to cost structures, trade policies and corporate changes the costs for three big automakers are estimated to vary over the next three-year period. These
Due to cost structures, trade policies and corporate changes the costs for three big automakers are estimated to vary over the next three-year period. These changes will be reflected in the purchase prices of their vehicles. Mary Clare will graduate in three years and will be buying a new vehicle-she is considering one model from each company. Which car should Mary Clare purchase three years from now, assuming everything but purchase price is equivalent?
Price Wi Inflate x%per Year 4% Current Price $27,500 30,000 25,000 Automaker 1.5 Z.
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