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How many miles must he drive to break even

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Reference no: EM131762361

Paul Jones drives his own car for company business. His employer reimburses him for such travel at a cost of 52 cents per mile. Paul estimates the additional variable costs for gas, oil and maintenance due to work travel costs him 18 cents per mile and fixed costs for insurance and depreciation of $3400. How many miles must he drive to break even?

Reference no: EM131762361

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