Calculating Motor Vehicle Operating Costs. 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 LO8-2