Which car is the better buy

Reference no: EM13180948

Car A cost $22,000 to purchase and $.12 per mile to maintain. Car B cost $24,500 to purchase and $.10 per mile to maintain. Determine how many miles must be driven for the total cost to the same. If you plan to drive the new car for 120,000 miles over the next 10 years, which car is the better buy? Use mathematical reasoning to justify your responses.

Reference no: EM13180948

Questions Cloud

What is the total price : A stereo sells for $189.79. If the stereo is 15% off and the sales tax is 8%, what is the total price?

Find the profit on the of liquid soap : Six liters of liquid soap were bought for $11.40 per liter. The soap was repackaged in 150-mililliliter plastic containers. The cost of each container was $.26. Each container of soap sold for $3.29 per bottle. Find the profit on the 6 liters of l..

What is the total amount of money that the organization : A charitable organization spent $2,940 for administrative expenses. This amount is 12% of the money it collected. What is the total amount of money that the organization collected? Please Explain.

Use the internet to research talent management trends : Occurring during an economic slowdown, then recommend a short-term talent management strategy to get past the economic downturn and keep employees motivated until the market improves for both a domestic and multinational enterprise.

Which car is the better buy : If you plan to drive the new car for 120,000 miles over the next 10 years, which car is the better buy? Use mathematical reasoning to justify your responses.

Reading disabilities and dyslexia-dyscalculia-dysgraphia : Reading Disabilities and Dyslexia, Dyscalculia, Dysgraphia, Do you think all learning difficulties are associated with learning disabilities? Why, or why not?

Explain the long-run aggregate supply curve : A decrease in government spending will cause a(n) increase in the quantity of real domestic output demanded. decrease in the quantity of real domestic output demanded. decrease in aggregate demand. increase in aggregate demand.

child physical development : Does child psychological development follow the same path as child physical development? Include citations from at least two scholarly sources to support your discussion.

What is the companys fixed cost : How many units should be produced to maximize profit? How do this company's marginal costs behave as output increases? Provide a logical explanation as to why a computer manufacturer's marginal costs might behave in this way.

User Account

All Pages