You currently drive 300 miles per week in a car that gets 15 miles per gallon of gas. You are considering buying a new fuel-efficient car for $12,000 (after trade-in on your current car) that gets 50 miles per gallon. Insurance premiums for the new and old car are $800 and $600 per year, respectively. You anticipate spending $1200 per year on repairs for the old car and having no repairs on the new car. Assume gas costs $3.50 per gallon. Over a five-year period, is it less expensive to keep your old car or buy the new car?

Q: Lee Sutherlin is a self-employed electrical consultant. He estimates his annual net earnings at…

A: Given that gross earning is $38,300 To find the withholding for the social security, apply the rates…

Q: The original claim they actually pay is %.

A:

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A: *answer:

Q: regular

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Q: Marvin lives in Campbell, where the cost of living increases by 6% every year. If Marvin spends…

A: The cost of living increase by 6% every year.  First years spending = $23210 Hence, 17 years from…

Q: d. A reservation costs $25 and passengers who cannot be accommodated will receive $25 refund. How…

A: The refund will make in the case when the number of passengers who show up is greater than 5 as…

Q: If Max has $40,057.29 in his investment account, what effective interest rate would he need to earn…

A:

Q: As a rental for a building, the owner received two offer: a) 50,000 a year for 8 years, the rental…

A:

Q: If inflation causes the cost of automobiles to increase by 3.5% each year, what should a car cost…

A: Given that, If inflation causes the cost of automobiles to increase by 3.5% each year, what should a…

Q: If a patient had a PPO plan with a 500 dollar in network deductible, and a 90 percent coinsurance…

A: Given - If a patient had a PPO plan with a 500 dollar in network deductible, and a 90 percent…

Q: The Kerns Company make ballpoint pens. The fixed costs of operation for one month average $53,500.…

A:

Q: Amelia wants to start a side business as a hair stylist and needs $3,000 to purchase tools and…

A: Amount available to service monthly payment is: =Total income-Total expenses =$1700-$800-$120-$600…

Q: With a certain medical insurance​ policy, the customer must first pay an annual ​$250 deductible,…

A:

Q: b. What premium must Lemonade Insurance Company charge each of Rainie . Justin if they want to…

A: *Answer:  1) a) Since Mallory’s is the only customer , there are only two outcomes possible - Fire…

Q: ch the individual would be willing to pay for a full car insurance, i.e., where the indemnity is…

A: Solution

Q: If the cost of bond is 4163 OMR and commission is 30 OMR, then the purchase price is a) 4,193 OMR b)…

A: solve the following

Q: Dean is planning to purchase a new Nissan Altima which costs $26,865.  He has saved up $3,200 to put…

A:

Q: A rental car company purchased a new Honda Civic for $27,510. The company determined this asset…

A: Given that, A rental car company purchased a new Honda Civic for $27,510. The company determined…

Q: offer an insurance policy to these two customers and offer it for the same price, what price should…

A: Here given., Suppose Janice has a 25% chance of totaling her car (worth $13,500) this year and Sam…

Q: OC Motor Supply had beginning-year net fixed assets of $479 and ending-year net fixed assets of…

A: Given data:- The given beginning year net fixed assets of, =$479 The given ending-year net fixed…

Q: When hired at a new job selling jewelry, you are given two pay options:Option A: Base salary of…

A: Let us assume that I need to sell at least $x of jewelry each year, in order for option A to…

Q: Ziven is shopping at a back to school sale. Which purchase shows financial responsibility? A.…

A: If Ziven purchase two $20 shirts, one with a 20% discount, and the other with a 30% discount, then…

Q: A monthly subscription to a video-gaming website has the following costs. Monthly 3 Months 6 Months…

A: Monthly  3 Months PAckage 6 months package   $10.99 per month $9.99 per month $7.50 per month…

Q: At the benefit performance, twenty wealthy men agreed that the first one to arrive will pay 1 peso…

A: There is total 20 wealthy men.

Q: A patient is a member of a health plan that has a 20 percent discount from the provider and a 15…

A: The given day’s charges are $ 210.   There is a 20% discount from the provider. So,

Q: Your University magazine, The Indus Magazine, has fixed production costs of Rs.1.5 million per…

A: We have given that The Indus Magazine ,has fixed production costs of Rs 1.5million per edition and…

Q: One safe investment pays 8% per year, and a more risky investment pays 14% per year. a. How much…

A:

Q: You only hamburger franchise and are planning to shut down operations for the day but you are left…

A:

Q: A new employee is paid $22.50 an hour. A performance evaluation is completed at the end of the year,…

A: We have to find rate per hour after increment.

Q: blady has to decide whether to resign or not from his present position and apply for job offering…

A: Given: P(Q)=0.65P(Qc)=1-0.65=0.35

Q: You are presented with a prescription for allopurinol tablets 100 mg at a dose of 300 mg each day…

A: Amount of one tablet : 100 mg   Dose for each day for 14 days : 300 mg i.e. (300 mg/100 mg)= 3…

Q: When hired at a new job selling jewelry, you are given two pay options:Option A: Base salary of…

A: Let the sales be denoted by $x.

Q: When hired at a new job selling jewelry, you are given two pay options: Option A: Base salary of…

A:

Q: During the first quarter of 2015, Plains All American Pipeline L.P. (PAA) stock cost $50 per share…

A: Let ‘x’ be the number of shares of PAA stock.Let ‘y’ be the number of shares of TOT stock.

Q: Mr. Powers wants to set up a new donut shop in downtown Danvers. There is a former Dunkin Donuts…

A:

Q: has just completed her second semester in college. She earned a grade of D in her 4​-hour discrete…

A: Susan​'s ​grade-point average for the semester  =  2.5

Q: A mechanical contractor has four employees whose combined salaries through the end of this year are…

A: Answer is mentioned below Below mentioned answer is correct and explained in a elaborated manner

Q: Tom and Gwen have an adjusted gross income of $144,112. Their monthly mortgage payment for the house…

A: Consider the given data: Gross income adjusted = 144,112 dollars. Monthly mortgage payment for the…

Q: The Chimney Commercial Corporation (CCC) has new funds that must be allocated to agriculture loans,…

A:

Q: You own a hamburger franchise and are planning to shut down operations for the day but you are left…

A:

Q: When hired at a new job selling jewelry, you are given two pay options: Option A: Base salary of…

A: Option A: Base salary of $14,000 a year, with a commission of 12% of your sales.Option B: Base…

Q: f Mary received a 10% raise and is now making $17,600 a year, what was her salary before the raise?

A: Mary received a 10% raise and is now making $17,600 a year. To find what was her salary before the…

Q: b) Explain the calculations 1) to 4). 1) A = R.. 1-(1+r)" r 1-(1+0.00275)-80 2) 9365991= R. 0.00275…

A: The solution is given as follows

Q: The SUTA rate for LARVA Corporation is 5.4% and its FUTA rate is 6.0% less the 5.4% SUTA credit. If…

A: Given: The SUTA rate for LARVA corporation is 5.4% and its FUTA is 6.0% less than 5.4% SUTA credit.…

Q: 2. If Joe uses online banking and averages 20 transactions monthly, how much would it cost at each…

A:

Q: Fatma works in books factory, and she produced 545 books. The company pays employees on a piece rate…

A: We need to determine the gross pay. The payment is on a piece rate basis; therefore, the gross pay…

Q: When hired at a new job selling jewelry, you are given two pay options: Option A: Base salary of…

A: According to given from question,    12000 + 0.1x > 21000 + 0.03x 0.07x > 9000 x > 900000/7