Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Hartley Auto Supply delivers parts to area auto service centres and is replacing its fleet of delivery vehicles. What is the
total vehicle life cycle cost of this gasoline engine truck given the information provided in the following table?
VEHICLE PURCHASE COST
VEHICLE OPERATING COST PER KILOMETRE
USEFUL LIFE OF VEHICLE
KILOMETRES PER YEAR
KILOMETRES PER LITRE
AVERAGE FUEL PRICE PER LITRE
The total vehicle life cycle cost of the gasoline engine truck is $
$28,000
$0.06
12 years
30,000
26
$2.47
(Round your response to the nearest dollar.)
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Transcribed Image Text:Hartley Auto Supply delivers parts to area auto service centres and is replacing its fleet of delivery vehicles. What is the total vehicle life cycle cost of this gasoline engine truck given the information provided in the following table? VEHICLE PURCHASE COST VEHICLE OPERATING COST PER KILOMETRE USEFUL LIFE OF VEHICLE KILOMETRES PER YEAR KILOMETRES PER LITRE AVERAGE FUEL PRICE PER LITRE The total vehicle life cycle cost of the gasoline engine truck is $ $28,000 $0.06 12 years 30,000 26 $2.47 (Round your response to the nearest dollar.)
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