Using the values from the graph, compute the values for the terms given in the problem. Choose the correct answer. Age of car = 7 years. Original cost = $23,500. The cost of maintenance and repairs is $ .

Answer:The cost of maintenance and repairs is $235Step-by-step explanation:step 1Find the market values of car for age of car equal to 7 yearObserving the graphThe percentage of market value is 10%so10%=10/100=0.10The market value is equal to$23,500*0.10=$2,350step 2Find the cost of maintenance and repairs for age of car equal to 7 yearObserving the graphThe percentage of maintenance and repairs of car's value is 10%so10%=10/100=0.10The cost of maintenance and repairs is $2,350*0.10=$235