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K The Ford Motor Company has re-designed its best selling truck by substituting aluminum for steel in many key body parts. This saves 680 pounds
K The Ford Motor Company has re-designed its best selling truck by substituting aluminum for steel in many key body parts. This saves 680 pounds of weight and decreases gas consumption. The fuel consumption will be 26 miles per gallon (mpg), up from 18 mpg of the previous year's model Ford will increase the sticker price of the re-designed vehicle by $350. Assume this vehicle will be driven 14,000 miles per year and slide will be 14 years. The owner's MARR is 10% per year and gasoline costs $3.38 per gallon What is the present worth of the incremental capital outlay for the lighter thick? Click the icon to view the interest and annuity table for discrete compounding when the MARR is 10% per year. The present worth of the incremental capital outlay for the lighter truck is $(Round to the nearest dollar)
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