Traffic and Highway Engineering - With Mindtap
5th Edition
ISBN: 9781305360990
Author: Garber
Publisher: CENGAGE L
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Question
Chapter 1, Problem 11P
To determine
The proportion of American household expenditures that is associated with transportation and the breakdown of these expenditures by category.
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43. Taxpayers with an office in their home may deduct a percentage of their home-related expenses. This percentage is based on the ratio of the office’s area to the area of the home. A taxpayer with a 2200-square-foot home maintains a 22-foot by 24-foot office. If the yearly electricity bills for the home come to 4010, how much of this is deductible?
Express your answer in 2 decimal places.
14. A freshman college student, who owns a car, plans to buy a motorcycle. The student expects to save an increasing amount of money on travel every year he is in college, as he will make less use of his car each year. How much money should he plan to save and put in the bank from his job this summer, in order to pay his travel costs for his remaining 3 years of college? Assume that the bank pays 8% per year, compounded annually, and that his travel costs will be $900 the first year, $700 the second year, and $500 the third year.
An individual is planning to take an 800-mile trip
between two large cities. Three possibilities exist: air,
rail, or auto. The person is willing to pay $25 for every
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$650 and travel time is 10 hours, by rail the cost is
$450 and travel time is 15 hours, and by auto the cost
is $250 and travel time is 20 hours.
Which mode is the best choice?
Chapter 1 Solutions
Traffic and Highway Engineering - With Mindtap
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