Question: E7-3 (Static) Identifying Steps in Decision-Making Process and Relevant Costs [LO7-1, 7-2] Assume you need to buy a new vehicle. The junker that you poid

E7-3 (Static) Identifying Steps in Decision-Making Process and Relevant Costs [LO7-1, 7-2] Assume you need to buy a new vehicle. The junker that you poid $5,000 for two years ago has a trade-in value of $1,500. You are trying to decide whether to trade it for a used 2012 Jeep Wrangler with a market value of $8,000 or a new Hyundel Elantrs with a sticker price of \$12,995. You plan to drive either vehicle for at least five more years. Required: 2. Indicate whether each of the following factors would be relevant of irrelevant to your decision

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