What is the equivalent equal annual cost of fuel for the 5


Gasoline cost $.61 per liter and will increase at 16% per year. At 18 km/liter, what is the present worth cost of driving 32,000 km per year for 5 years? Use 8% interest.

What is the equivalent equal annual cost of fuel for the 5 years?

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Financial Management: What is the equivalent equal annual cost of fuel for the 5
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