Based on the data provided here, calculate the items requested: Annual depreciation, $2,500 Annual mileage, 13,200 Current

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Based on the data provided here, calculate the items requested:

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, $3.50 per gallon Oil changes/repairs, $370

Parking/tolls, $420

a. The total annual operating cost of the motor vehicle.

b. The operating cost per mile.

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Focus On Personal Finance

ISBN: 9780077861742

5th Edition

Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart

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Question Posted: Nov 22, 2018 07:29 AM

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Based on the data provided here, calculate the items requested: Annual depreciation, $2,500 Annual mileage, 13,200 Current

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a The total annual operating cost of the motor vehicle Fixed Ownership Costs Va...View the full answer

Focus On Personal Finance

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