LO8-2 8. Calculating Motor Vehicle Operating Costs. Using Personal Financial Planner Sheet 38, calculate the approximate yearly operating cost of the following vehicle. License and registration fees, $65 Annual depreciation, $2,500 Annual mileage, 13,200 Average gasoline price, $3.68 per gallon Current year's loan interest, $650 Oil changes/repairs, $370 Miles per gallon, 24 Insurance, $680 Parking/tolls, $420

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