Suppose you have a 3-year lease on a truck that allows 10,000 miles per year, with a
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Suppose you have a 3-year lease on a truck that allows 10,000 miles per year, with a 32 cents per mile penalty for overages. In the first year you drive 9,295 miles, in the second year 11,040 miles, and in the third year 12,093 miles. How much of a mileage penalty, if any, do you owe?
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Making Hard Decisions with decision tools
ISBN: 978-0538797573
3rd edition
Authors: Robert Clemen, Terence Reilly
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