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James Hill is considering purchasing a new car. The price of the car is $ 4 9 0 0 0 , and James hopes to
James Hill is considering purchasing a new car. The price of the car is $ and James hopes to keep it years and then sell it for $ Based on past experience, James drives about per year and lives in a downtown apartment where they must pay a $ per month parking fee.James has budgeted the following automobile expense items for the next years:
Expense
Cost
FixedVariable
GasolineL Per KM$ Per Liter
table$Variable$Fixed$Fixed$Variable$Variable$Fixed$Fixed$Fixed
LicenceRegistration
Insurance
Maintenance
Tires $ per set that last
Parking Months
Interest
Depreciation STRAIGHT LINE
$
Fixed
CALCULATE THE FOLLOWING USING THE ABOVE INFORMATION:
tableTOTAL KMS
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