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What is the cost per mile of the truck that travels 180 000 miles per year if: 1. the truck is purchased for $190 000.00
What is the cost per mile of the truck that travels 180 000 miles per year if: 1. the truck is purchased for $190 000.00 and financed from the bank for 5 years with annual compounded interest of 6%. 2. the diesel cost is $ 1.20 / liter and the truck roll 8 miles per galon (1 galon =4.5461) 3. the cost of insurance is $10,200 per year 4. the driver is paid $18.95 per hour -min 7 hours per day for 620 miles 5. SAAQ license cost $3,900 per year 6. oil + inspections + maintenancel reparation cost $25,000 per year 7. Find the cost per mile 8. Add 25% profit 9. Find the miles from montreal to Hamilton 10. Find the truck cost for TL Cost cost/mile 1. truck 2. diesel 3. insurance 4. driver 5. license permits 6. maintenance 7. total cost /mile 8. Add 20% profit 9. Miles Montreal-Hamilton 10. Calculate the cost
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