I need to solve a problem that can benefit from a mathematical or quantitative reasoning. Explain the issue, factors involved, plan for solving it, and explain the quantitative methodologies you used.
— your old car has broken down once again. Your mechanic has told you that the repairs will be more than the value of your vehicle. Your current car is fully paid for, but these repair costs are starting to pile up. Public transportation is somewhat available, but you still need your car for your daily life and commute. You must now decide if you should fix it once again or replace it. Decide which path you will choose. Thanks for any help