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Answer:Total money they will spend =$147,000
Step-by-step explanation:
Cost of 7 compact cars at $8,500 each
=$8,500 x 7 =$59,500
Cost of 7 midsize cars at $12,500 each
= $12,500 x 7 =$87,500
Total money they will spend =$59,500 +$87,500=$147,000