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FinanceQ&A LibraryYour small remodeling business has two work vehicles. One is a small passenger car used for job-site visitsand for other general business purposes. The other is a heavy truck used to haul equipment. The car gets25 miles per gallon (mpg). The truck gets 10 mpg. You want to improve gas mileage to save money, andyou have enough money to upgrade one vehicle. The upgrade cost will be the same for both vehicles. Anupgraded car will get 40 mpg; an upgraded truck will get 12.5 mpg. The cost of gasoline is $4.10 per gallonCalculate the annual fuel savings in gallons for the truck and car assuming both vehicles are driven 16,000miles per year. (Round your answer to 2 decimal places. (e.g., 32.16))Fuel savings157.5 gallons per yearTruck210 gallons per yearCarAssuming an upgrade is a good idea in the first place, which one should you upgrade? Both vehicles aredriven 16,000 miles per year.CarTruckQuestion

Asked Oct 17, 2019

391 views

Need help with fuel savings for both car and truck

Step 1

**Calculation of number of gallons consumed for one year before upgradation:**

Step 2

** Calculation of number of gallons consumed for one year afte...**

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