The conversion costs 2000 the roi is 15 the cost for cng, Ask an Expert

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The conversion costs $2000. The Roi is 15%. The cost for cng unit equivalent to one gallon of gas is $.8 while the regular gasoline cost $1.2 per gallon. The fuel mileage of 10 miles per gallon is the same for natural gas. The mileage per year for the van is 20,000miles. How many years does the van have to be kept to justify conversion?

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Financial Management, Finance

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