The addition of a turbocharger to a small V-6 engine that gets 18 miles per gallon of

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The addition of a turbocharger to a small V-6 engine that gets 18 miles per gallon of gasoline can boost its power to that of a V-8 engine and increase fuel efficiency at the same time. If Bill will pay $800 to turbocharge his engine and his fuel efficiency increases by 3 miles per gallon, how many miles will he have to drive each month for 3 years in order to break even? Assume the cost of gasoline is $3.25 per gallon and the interest rate is 1% per month.

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Engineering economy

ISBN: 978-0073376301

7th Edition

Authors: Leland Blank, Anthony Tarquin

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