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Your small remodeling business has two work vehicles. One is a small passenger car used for job-site visits and for other general business purposes. The other is a heavy truck used to haul equipment. The car gets 25 miles per gallon (mpg). The truck gets 10 mpg. You want to improve gas mileage to save money, and you have enough money to upgrade one vehicle. The upgrade cost will be the same for both vehicles. An upgraded car will get 40 mpg; an upgraded truck will get 12.5 mpg. The cost of gasoline is $4.10 per gallon Calculate the annual fuel savings in gallons for the truck and car assuming both vehicles are driven 16,000 miles per year. (Round your answer to 2 decimal places. (e.g., 32.16)) Fuel savings 157.5 gallons per year Truck 210 gallons per year Car Assuming an upgrade is a good idea in the first place, which one should you upgrade? Both vehicles are driven 16,000 miles per year. Car Truck

Your small remodeling business has two work vehicles. One is a small passenger car used for job-site visits and for other general business purposes. The other is a heavy truck used to haul equipment. The car gets 25 miles per gallon (mpg). The truck gets 10 mpg. You want to improve gas mileage to save money, and you have enough money to upgrade one vehicle. The upgrade cost will be the same for both vehicles. An upgraded car will get 40 mpg; an upgraded truck will get 12.5 mpg. The cost of gasoline is $4.10 per gallon Calculate the annual fuel savings in gallons for the truck and car assuming both vehicles are driven 16,000 miles per year. (Round your answer to 2 decimal places. (e.g., 32.16)) Fuel savings 157.5 gallons per year Truck 210 gallons per year Car Assuming an upgrade is a good idea in the first place, which one should you upgrade? Both vehicles are driven 16,000 miles per year. Car Truck

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Need help with fuel savings for both car and truck

Your small remodeling business has two work vehicles. One is a small passenger car used for job-site visits and for other general business purposes. The other is a heavy truck used to haul equipment. The car gets 25 miles per gallon (mpg). The truck gets 10 mpg. You want to improve gas mileage to save money, and you have enough money to upgrade one vehicle. The upgrade cost will be the same for both vehicles. An upgraded car will get 40 mpg; an upgraded truck will get 12.5 mpg. The cost of gasoline is $4.10 per gallon Calculate the annual fuel savings in gallons for the truck and car assuming both vehicles are driven 16,000 miles per year. (Round your answer to 2 decimal places. (e.g., 32.16)) Fuel savings 157.5 gallons per year Truck 210 gallons per year Car Assuming an upgrade is a good idea in the first place, which one should you upgrade? Both vehicles are driven 16,000 miles per year. Car Truck
Transcribed Image Text:Your small remodeling business has two work vehicles. One is a small passenger car used for job-site visits and for other general business purposes. The other is a heavy truck used to haul equipment. The car gets 25 miles per gallon (mpg). The truck gets 10 mpg. You want to improve gas mileage to save money, and you have enough money to upgrade one vehicle. The upgrade cost will be the same for both vehicles. An upgraded car will get 40 mpg; an upgraded truck will get 12.5 mpg. The cost of gasoline is $4.10 per gallon Calculate the annual fuel savings in gallons for the truck and car assuming both vehicles are driven 16,000 miles per year. (Round your answer to 2 decimal places. (e.g., 32.16)) Fuel savings 157.5 gallons per year Truck 210 gallons per year Car Assuming an upgrade is a good idea in the first place, which one should you upgrade? Both vehicles are driven 16,000 miles per year. Car Truck
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