Ruston is trying to decide if he should move closer to his place of employment. Currently, he
Fantastic news! We've Found the answer you've been seeking!
Question:
Ruston is trying to decide if he should move closer to his place of employment. Currently, he lives 34 miles away and makes this drive 6 days a week (assume he works 48 weeks per year). His car averages 20 mpg and fuel will average $2.40 per gallon. If he does move closer, where his commute is only 4 miles each way, his rent will change from $650/month to $850 per month. Additionally, his auto insurance will decrease by $15 per month if he moves. Based on these numbers, would moving save Ruston money or cost him more money? How much?
Related Book For
Data Analysis and Decision Making
ISBN: 978-0538476126
4th edition
Authors: Christian Albright, Wayne Winston, Christopher Zappe
Posted Date: