Business, 05.05.2020 23:08 neariah24

The following data is used for questions 21 and 22 and detail the life cycle costs for 2 different vehicles: Vehicle 1 Vehicle Purchase Cost $22,000 Vehicle Operating Cost per Mile $0.15 Useful Life of Vehicle 10 years Miles per Year 20,000 Miles per Gallon 25 Average Fuel Price per Gallon $2.25 Vehicle 2 Vehicle Purchase Cost $35,000 Vehicle Operating Cost per Mile $0.08 Useful Life of Vehicle 10 years Miles per Year 20,000 Miles per Gallon 45 Average Fuel Price per Gallon $2.25 What is the breakeven (or crossover point), in miles, for the two vehicles? Round off your answer to the nearest whole mile.

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The following data is used for questions 21 and 22 and detail the life cycle costs for 2 different v...

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