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Total Cost of Ownership: Importance & Benefits

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question 1 of 3

For which of the following items should you calculate the total cost of ownership before deciding to purchase it?

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1. Kelly is trying to decide whether she can afford to purchase a house or not. She can only spend $2,200 each month on the house. Which of the following houses can she afford? Use total cost of ownership.

2. Which of the following costs is NOT included in a TCO calculation?

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