Problem

Auto Prices The average trade-in value of a Toyota Celica and a Toyota MR2 Spyder in July...

Auto Prices The average trade-in value of a Toyota Celica and a Toyota MR2 Spyder in July 2002 is shown in the first table. The average retail value of the two vehicles is shown in the second table.

Average Trade-In

Celica	MR2 Spyder
2000 Model	$13,025	$18,750
2001 Model	$14,850	$20,100

Average Retail

Celica	MR2 Spyder
2000 Model	$15,300	$21,300
2001 Model	$17,250	$22,725

Source: www.nada.com.

Use matrices to create a table that shows the average dealer markup for each of the vehicles.

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