(Answered) Calculating motor vehicle operating costs using sheet 38 in

Finance

Calculating Motor Vehicle Operating Costs: Using Sheet 38 in the Personal Planner calculates the approximate yearly operating cost of the following vehicle.

Annual depreciation .............$2,500.00
Annual mileage ..............$13200
Current year's loan interest ...........$650.00
Miles per gallon ............................$24
Insurance ......................................$680.00
License and registration fees ........$65.00
Average gasoline price ................$3.68
Oil changes/repairs ......................$370.00
Parking/tolls ................................$420.00

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