Mathematics
Mathematics, 20.06.2020 12:57, dpazmembreno

A new American graduate is contemplating buying a Japanese, German, or an American car. No matter the type of car, he plans to buy a new one at the end of 8 years.
Japanese car will cost $30,000 and have a fuel usage of 23 Miles Per gallon (mpg) for the first 2
years, and will decrease by 3% per year thereafter. Repair cost will start at $700 per year, and
increase by 3% per year. At the end of year 8, the car can be sold for $5000. Insurance cost will
be $700 for the first year, increasing by 2% per year thereafter.

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Answers: 3

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