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Yuki888 [10]
3 years ago
8

1-9 Automobile repair shops typically recommend that their customers change their oil and oil filter every 3,000 miles. Your aut

omobile user's manual suggests changing your oil every 5,000–7,000 miles. If you drive your car 15,000 miles each year and an oil and filter change costs $30, how much money would you save each year if you had this service performed every 5,000 miles?
Business
1 answer:
blagie [28]3 years ago
8 0

Answer:

$60 per year

Explanation:

Calculation for how much money would you save each year

First step is to calculate for the cost of Changing the oil every 3,000 miles

Cost of Changing oil every 3,000 miles:

Cost = (15,000/3,000)*$30

Cost =5*$30

Cost = $150 per year

Second step is to calculate for the cost of Changing the oil every 5,000 miles

Cost of Changing oil every 5,000 miles:

Cost = (15,000/5,000)*$30

Cost =3*$30

Cost = $90 per year

Last step is to calculate how much money would you save each year using this formula

Savings =Cost of Changing oil every 3,000 miles-Cost of Changing oil every 5,000 miles

Let plug in the formula

Savings= $150 per year-$90 per year

Savung=$60 per year

Therefore the amount of money you would save each year will be $60 per year

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Trahan Lumber Company hired you to help estimate its cost of capital. You obtained the following data: D1 = $1.25; P0 = $27.50;
lubasha [3.4K]

Answer:

B. 9.84%

Explanation:

Given that

D1 = 1.25

P0 = 27.50

g = 5%

F = 6%

Recall that

Cost of equity raised = (D1/P0 - [F × P0]) + g

Thus,

= 1.25/27.50 - [0.06 × 27.50] + 0.05

= 1.25/ 25.85 + 0.05

= 0.04835 + 0.05

= 0.09835

= 0.0984

=9.84%

8 0
3 years ago
Read 2 more answers
Jake owns a water pump. Because pumping large amounts of water is harder than pumping small amounts, the cost of producing a bot
Nastasia [14]

Answer:

Write convert() method to cast double to int Complete the convert() method that casts the parameter from a double to an integer and returns the result. Note that the main() method prints out the returned value of the convert() method.

Ex: If the double value is 19.9, then the output is: 19

Ex: If the double value is 3.1, then the output is: 3.

Explanation:

<h2>plz bhai mera answer ko brainliest kar do..</h2>
8 0
3 years ago
A Coverdell Education Savings Account may be preferred to a Sec. 529 Education Savings Account under all of the following circum
Tpy6a [65]

Answer:

A)The student beneficiary will use the money to pay for high school expenses.

Explanation:

A Coverdell Education Savings Account can be used for elementary, secondary, or higher education expenses (college). The money can be used to pay for public, private, or religious schools. On the other hand, 529 plans can only be used to pay for higher education expenses (college).

The maximum contribution to a Coverdell Education Savings Account is $2,000 per year per child and the contribution is not tax deductible. But when the distributions are taken to pay for the child's qualified education expenses, then they are not taxed.

6 0
3 years ago
On january 1 of year 1, congo express airways issued $3,700,000 of 6% bonds that pay interest semiannually on january 1 and july
erastova [34]
<span>The amount of interest expense recognized by Congo Express Airways would be $199,334 after one year of being issued. This is calculated by finding 6% of the $3,700,000 which is $222,000. Then subtracting the amortized amount of $22,666 per annum, which was found by doubling the 6 month rate of $11,333. This gives you a total of $199,334.</span>
6 0
3 years ago
Julie, being self-employed, is required to make estimated payments of her tax liability for the year. Her tax liability for 2018
igor_vitrenko [27]

Answer:

Underpayment of estimated tax = $2,960

Explanation:

Please consider the following equations:

100% of $15,960 = $15,960

90% of $18,000 = $16,200

whichever is lower. i.e $15,960

Underpayment of estimated tax = $15,960 - $13,000 = $2,960

8 0
3 years ago
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