Business
Business, 17.10.2019 01:20, wcjackie813

The ford motor company has re-designed its best selling truck by substituting aluminum for steel in many key body parts. this saves 720 pounds of weight and decreases gas consumption. the fuel consumption will be 25 miles per gallon (mpg), up from 17 mpg of the previous year's model. ford will increase the sticker price of the re-designed vehicle by $340. assume this vehicle will be driven 16 comma 000 miles per year and its life will be 12 years. the owner's marr is 12% per year and gasoline costs $3.47 per gallon. what is the present worth of the incremental capital outlay for the lighter truck?

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