Question: Suppose that a certain car has the following average operating and ownership costs Average Costs per Mile Operating 50 28 Ownership 50.68 Total 0.98 a.you
Suppose that a certain car has the following average operating and ownership costs Average Costs per Mile Operating 50 28 Ownership 50.68 Total 0.98 a.you drive 30000 mies per year, what is total annual expense for this car? b."'ne total arrual expense for this car is doposted at to end of each year nto an IRA paying.S% compounded yen. how much w" be saved atho endoff" years? a. If you drive 30,000 miles per year, the total annual expense for this car is Round to the nearest dollar as needed) b.vt"o total annual expense for uus car is deposhed at the end o' each year into an " paying 85%compounded yoany, the amount savod at the end ofnve Round to the nearest dolat as neeted)
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