Thinking Mathematically (6th Edition)

Published by Pearson
ISBN 10: 0321867327
ISBN 13: 978-0-32186-732-2

Chapter 8 - Personal Finance - 8.6 Cars - Exercise Set 8.6: 30

Answer

The statement makes sense.

Work Step by Step

The statement makes sense. The cost of a car is not just buying the car. We also have to pay for fuel and repairs as we operate the car. A car is a major purchase, so we should definitely consider if we really need a car before buying a car. For example, if we live in a city, we may be able to use public transportation at a cost that is much less than owning and operating a car. If we invested these savings, we could potentially earn a lot of money.
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