### The initial cost of a pickup truck

##### Reference no: EM13896653

The initial cost of a pickup truck is \$12872 and will have a salvage value of \$3523 after five years. Maintenance is estimated to be a uniform gradient amount of \$191 per year, with zero dollar for first year maintenance. The operation cost is estimated to be \$0.3 per mile for 381 miles per month. If the interest rate is 12%, what is the annual equivalent cost (AEC) for the truck?

#### What is the maximum percentage decline in the stock

You decide to buy 1,600 shares of stock at a price of \$64 and an initial margin of 50 percent. What is the maximum percentage decline in the stock before you will receive a ma

#### Applying for a health insurance policy

Nicole is applying for a health insurance policy. She has liver disease and other health problems. She honestly disclosed the true facts to the insurance agent. However, the a

#### How did the timing affect their conclusion about the profit

over the subsequent months, they changed their minds and discontinued the experiment. How did the timing affect their conclusion about the profitability of increasing prices

#### Give up three apples in exchange for one banana

Suppose Jimmy says that he is willing to give up three apples in exchange for one banana, or give up one banana in exchange for three apples. Either trade is alright with him.

#### About the acceptability or unacceptability of this project

An oil and gas company is considering whether to begin drilling a new oil field. The company will need to pay \$5 million as an initial investment in order to extract the oil.

#### Common kinked-demand model

Elucidate the common kinked-demand model. In the oligopolist's marginal-revenue curve, elucidate the reason for gap. In this model explain how does price rigidity in oligopo

#### Explanation for why labor supply curve is upward sloping

Plotting the supply of labor In Denver, 140 people are willing to work an hour as hostesses if the wage is \$10 per hour. For each additional \$5 that the wage rises above \$10,

#### Consumer problems

Representing Budgets and Preferences: How do you translate from a description to budgets/indifference curves. Optimal Choice: At the optimal bundle what relation does the indi