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Jack drives his own car on company business. His employer reimburses him for such travel at the rate of $0.36 per mile. Jack estimates that
Jack drives his own car on company business. His employer reimburses him for such travel at the rate of $0.36 per mile. Jack estimates that his fixed costs per year such as taxes, insurance, and depreciation are about $2,052. The variable costs such as gas, oil, and maintenance average about $0.144 cents per mile. How many miles must he drive to break even?
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