The best way to break the 100,000 mile mark for your car is to schedule regular oil and filter changes. Annual savings are estimated to be $6,000 over the 15-year life of your car. If interest is 8%...


The best way to break the 100,000 mile mark for your car is to schedule regular oil and filter changes. Annual savings are estimated to be $6,000 over the 15-year life of your car. If interest is 8% per year compounded continuously, what is the future equivalent value of your savings? (a) $162,913 (b) $90,000 (c) $165,107 (d) $167,141.



Jun 01, 2022
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