What is the equivalent equal annual cost of the fuel

Assignment Help Econometrics

Reference no: EM13203181

Gasoline costs $0.95 per liter and will increase at 6% per year. At a fuel economy of 9km/liter, what is the present worth cost of fuel for five years of driving 30,000km per year? Use 6.2% interest. What is the equivalent equal annual cost of the fuel for the 5 years?

Reference no: EM13203181

Questions Cloud

Find the index of refraction of the material : snell's law total internal reflection between two materials is seen to occur if a critical angle of 60° is exceeded. if the index of refraction of the material that the light is entering is 1.98, find the index of refraction of the material in whi..

Hypothalamus is exclusively a part of the cns : A peer of yours makes a claim stating that the hypothalamus is exclusively a part of the CNS. What argument(s) would you make to substantiate that the hypothalamus is an interface between the nervous system and the endocrine system?

How many minutes will it take for the colony of bacteria : A colony of bacteria is growing exponentially, doubling in size every 140 minutes. How many minutes will it take for the colony of bacteria to triple in size?

What affect on peoples interest and enthusiasm : What is internal time and management churning (frequent turn-over of management) tends to have what affect on peoples interest and enthusiasm for proposed changes

What is the equivalent equal annual cost of the fuel : Gasoline costs $0.95 per liter and will increase at 6% per year. At a fuel economy of 9km/liter, what is the present worth cost of fuel for five years of driving 30,000km per year? Use 6.2% interest. What is the equivalent equal annual cost of the..

What percentage of adult women can fit through the door : Doorway Height: The gulfstream 100 is an executive jet that seats six, and has a doorway height of 51.6 in.

Analyzing sales performance : Summarize the findings from your analysis. Provide a chart, graph,or table to illustrate your analysis. The analysis should explain the area you analyzed and point out what you discovered.

What is the equivalent annual cost of owning the truck : A delivery truck costs $30,000 and has a salvage value of $5,500 after 6 years. Maintenance and operating costs are $8,500 for the first year and are expected to increase at 6% per year. What is the equivalent annual cost of owning and operating t..

How to find the maximum error of estimate : Given a level of confidence of 99% and a population standard deviation of 4, what other information is necessary: (A) To find the Maximum Error of Estimate (E)?

User Account

All Pages