Question
Calculating Motor Vehicle Operating Costs . Using Sheet 38 in the Personal Financial Planner, calculate the approximate yearly operating cost of the following vehicle. Calculating
Calculating Motor Vehicle Operating Costs. Using Sheet 38 in the Personal Financial Planner, calculate the approximate yearly operating cost of the following vehicle.
Calculating Motor Vehicle Operating Costs. Using Sheet 38 in the Personal Financial Planner, calculate the approximate yearly operating cost of the following vehicle.
Annual depreciation
$2,400
Annual mileage 13,200
Current year's loan interest
$650
Miles per gallon 24
Insurance
$1200
Average gasoline price $2.19 per gallon
License and registration fees
$65
Oil changes/repairs $370
Parking/tolls
$25
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