Business
Business, 28.11.2019 04:31, camilaird

High-profile vehicles have poor fuel efficiency because of increased wind resistance from their large front area. one company claims that by spending $560 on its friction-reducing deice, the fuel efficiency of a pickup truck will increase by 25%. assuming the devise works as claimed, for a vehicle that currently gets 20 miles per gallon, how many miles would the owner have to drive each year to break even in 5 years ? assume the cost of gasoline is $3.50 per gallon and the interest rate is 10% per year.

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