A used-car costs $5,000. You figure you can get 4 years out of it. You drive 10,000 miles per year. Your car insurance costs $1,200 per year. You figure you'll spend $400 per year on maintenance. Gas costs $4 per gallon, and the car gets 25 miles per gallon. What will your average cost (all costs included) per mile be over the 4 years?
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Home » Mathematics » A used-car costs $5,000. You figure you can get 4 years out of it. You drive 10,000 miles per year. Your car insurance costs $1,200 per year. You figure you'll spend $400 per year on maintenance.