Using Personal Financial Planner Sheet 38, calculate the approximate yearly operating cost of the following vehicle Annual depreciation, $2,500 Annual mileage, 13,200 Current years loan interest, $650 Miles per gallon, 24 Insurance, $680 License and registration fees, $65 Average gasoline price, $3...

To calculate the approximate yearly operating cost of the vehicle we need to sum up all the indiv ...

Using Personal Financial Planner Sheet 38, calculate the approximate yearly operating cost of the following vehicle. Annual

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Using Personal Financial Planner Sheet 38, calculate the approximate yearly operating cost of the following vehicle.

Annual depreciation, $2,500
Annual mileage, 13,200
Current year’s loan interest, $650
Miles per gallon, 24
Insurance, $680
License and registration fees, $65
Average gasoline price, $3.68 per gallon
Oil changes/repairs, $370
Parking/tolls, $420

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Personal Finance

ISBN: 9781264101597

14th Edition

Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart

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Question Posted: Nov 12, 2023 02:48 AM

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Using Personal Financial Planner Sheet 38, calculate the approximate yearly operating cost of the following vehicle. Annual

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