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Author Question: The table shows the expense of operating and owning four selected cars, by average costs per mile. ... (Read 235 times)

rmenurse

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The table shows the expense of operating and owning four selected cars, by average costs per mile. Use the appropriate information in the table to solve the problem.

Average Annual Costs of Owning and Operating a Car for Selected Cars

Average Costs Per Mile


(a) If you drive 20,000 miles per year, what is the total annual expense for Car B?
(b) If the total annual expense for Car B is deposited at the end of each year into an IRA paying 8.4% compounded yearly, how much will be saved at the end of five years? Round your answer to the nearest dollar, if necessary.
◦ (a) $28,986; (b) $330,060
◦ (a) $13,800; (b) $11,226,581
◦ (a) $13,800; (b) $81,607
◦ (a) $28,986; (b) $1,024,623


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Marked as best answer by rmenurse on Feb 2, 2020

Anton

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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rmenurse

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Reply 2 on: Feb 2, 2020
Thanks for the timely response, appreciate it


Kedrick2014

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Reply 3 on: Yesterday
Excellent

 

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