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Key Quiz 9.5
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1
Which of the following is most likely to be considered a fixed cost to someone owning a motorcycle over the course of a year?
  1. the cost of insuring the motorcycle
  2. the cost of gasoline
  3. the cost of repairing and maintaining the motorcycle
A)I only
B)II only
C)I and III
D)I, II, and III
2
What units are used in Canada to measure fuel efficiency in vehicles?
A)L/100km
B)mpg
C)miles per gallon
D)metres per second squared
3
Chiho’s car, under normal city driving conditions, has a fuel efficiency of 14L/100 km. If Chiho’s car has a 50 L gas-tank, approximately how far can she drive on one tank of gas?
A)7 km
B)35.7 km
C)357 km
D)3571 km
4
Given the following data about a particular model of car which sells for $32 995:
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Calculate the depreciation after 3 years as a percent of the new vehicle price.
A)184%
B)84%
C)77%
D)65%
5
A particular luxury car worth $75 000 depreciates by 21% each year. How much will it be worth after four years?
A)$145.86
B)$23077.92
C)$27761.29
D)$29212.56







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