A suburban taxi company is considering buying taxis with diesel engines instead of gasoline engines. The cars
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Use an annual cash flow analysis to determine the more economical choice if interest is 6%.
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Diesel Gasoline $13.000 $12,000 Vehicle cost Fuel cost per liter 484 51 35 Mileage, in km/liter Annual repairs Annual insurance premium 28 300 200 500 500 End-of-useful-life resalee 2,000 3,000
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Annual Cost of Diesel Fuel 50000km 35 km l x 048 l 68571 Annual Cost of Gasoline ...View the full answer
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Related Book For
Engineering Economic Analysis
ISBN: 9780195168075
9th Edition
Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle
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