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Mathematics, 08.12.2019 23:31, kers
William meyer has driven his used car 16,789 miles since purchasing it for $6500 two years ago. he spent a total of $1868 on gas, oil changes, maintenance, and tires. he spent $815 on insurance and registration. the car has depreciated by $2100. what is the cost per mile?
(depreciation is included with variable cost)
cost per mile=(variable cost+fixed cost)divided by number of miles driven.
heres where i need so i think that
cost per mile=(1868+815+2100) divided by 16789 = about 0.28
that would mean the answer is $0.28
is that
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William meyer has driven his used car 16,789 miles since purchasing it for $6500 two years ago. he s...
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