A corporate executive jet with a seating capacity of 20 has the cost factors given in Table

Question:

A corporate executive jet with a seating capacity of 20 has the cost factors given in Table P6.38

The company flies three round trips from Boston to London per week, which is a distance of 3,280 miles one way. How many passengers must be carried on an average trip in order to justify the use of the jet if the first-class round-trip fare is $3,400? The firm's MARR is 15%. (Ignore income-tax consequences.)

MARR
Minimum Acceptable Rate of Return (MARR), or hurdle rate is the minimum rate of return on a project a manager or company is willing to accept before starting a project, given its risk and the opportunity cost of forgoing other...