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13.04.2021 •
Mathematics
DeeDee Farrar purchased a new car 3 years ago for $33,500.00. Its
current value estimate is $19,900.00. Annual variable costs this
year were $995.60. The cost of insurance this year was $2,350.00,
registration was $132.50, and loan interest totaled $1,080.00. She
drove 13,540 miles this year. Compute the (a) depreciation, (b)
annual fixed costs, and (c) cost per mile.
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