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Your small remodeling business has two work vehlcles. 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 equlpment. The car gets 25 mles 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 willl 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 $3.65 per gallon. Calculate the annual fuel savings, In gallons, for the truck and car assuming both vehlcles are driven 11,500 miles per year. (Round your answers to 2 declmal places, e.g., 32.16.) Fuel savings Truck gallons per year Car gallons per year AssumIng an upgrade Is a good idea in the first place, which one should you upgrade? Both vehicles are driven 11,500 mles per year. O Car O Truck

Your small remodeling business has two work vehlcles. 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 equlpment. The car gets 25 mles 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 willl 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 $3.65 per gallon. Calculate the annual fuel savings, In gallons, for the truck and car assuming both vehlcles are driven 11,500 miles per year. (Round your answers to 2 declmal places, e.g., 32.16.) Fuel savings Truck gallons per year Car gallons per year AssumIng an upgrade Is a good idea in the first place, which one should you upgrade? Both vehicles are driven 11,500 mles per year. O Car O 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
Problem 1PS
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Your small remodeling business has two work vehlcles. 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 equlpment. The car gets 25 mles 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 vehlcle. The upgrade cost will be the same for both vehicles. An upgraded car will get 40 mpg, an upgraded truck wll get 12.5 mpg. The cost of gasoline Is $3.65 per gallon. Calculate the annual fuel savings, In gallons, for the truck and car assuming both vehlcles are driven 11,500 miles per year. (Round your answers to 2 declmel places, e.g., 32.16.) Fuel savings Truck gallons per year Car gallons per year Assuming an upgrade Is a good Idea In the first place, whlch one should you upgrade? Both vehlcles are driven 11,500 mles per year. O Car Truck
Transcribed Image Text:Your small remodeling business has two work vehlcles. 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 equlpment. The car gets 25 mles 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 vehlcle. The upgrade cost will be the same for both vehicles. An upgraded car will get 40 mpg, an upgraded truck wll get 12.5 mpg. The cost of gasoline Is $3.65 per gallon. Calculate the annual fuel savings, In gallons, for the truck and car assuming both vehlcles are driven 11,500 miles per year. (Round your answers to 2 declmel places, e.g., 32.16.) Fuel savings Truck gallons per year Car gallons per year Assuming an upgrade Is a good Idea In the first place, whlch one should you upgrade? Both vehlcles are driven 11,500 mles per year. O Car Truck
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