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  3. pete went to an auto dealer to buy a new jeep. the

Pete went to an auto dealer to buy a new Jeep. The salesperson told Pete...

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Accounting

Pete went to an auto dealer to buy a new Jeep. The salesperson told Pete that cars really appreciate in value. He cited antique cars as a perfect example. The dealer went on to tell Pete that buying a car represents some great tax savings. He told Pete that leasing is getting less and less popular. Should Pete buy a new car? You make the call. Write down your recommendations to Pete.

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