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    Calculation of a Mileage Problem

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    Assume your jeep vehicle gets 15 mpg and at the time of purchase expected gasoline prices to average $5 per gallon over the next three years. How many miles would you have to drive the vehicle in the next three years to make the guarantee more attractive than the $4500 discount?

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    For your review, I have attached a MS Word file containing relevant calculations for the mileage problem.

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    Assume your jeep vehicle gets 15 mpg and at the time of purchase expected gasoline prices to average $5 per gallon over ...

    Solution Summary

    This solution helps with a mileage problem. The explanation is given in 148 words.

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