John is considering a purchase of a new toyota that costs $25,000 at a local dealership. john estimates the annual cost of maintenance, registration, insurance, and gas to be about $1,000. after extensive internet research, john estimates that he can sell his toyota in three years for $10,000. what is john's estimated cost of owning and driving the car for three years? choose the correct answer from the following choices, and then select the submit answer button. answer choices
a) $25,000 3 x $1,000 + $25,000 = $28,000
b) 3 x $1,000 + $25,000 - $10,000 = $18,000
c) $25,000 - $10,000 = $15,000