Question: Answer the following question ( s ) using the information below. John's 5 - year - old Geo Prizm requires repairs estimated at $ 2
Answer the following questions using the information below.
John's yearold Geo Prizm requires repairs estimated at $ to make it road worthy again. His friend Julie suggested that he buy a yearold used Honda Civic instead for $ cash. Julie estimated the following costs for the two cars:
Geo Prizm Honda Civic
Acquisition cost $ $
Repairs $
Annual operating costs
Gas maintenance, insurance $ $
What should John do What are his savings in the first year?
Question Select one:
a
Fix the Geo Prizm; $
b
Buy the Honda Civic; $
c
Buy the Honda Civic; $
d
Fix the Geo Prizm; $
e
Buy the Honda Civic; $
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