The Flowers and Plants shop has seven delivery vans. it is considering convertin

Question

The Flowers and Plants shop has seven delivery vans. it is considering converting tha vans existing gasoline engines to the use of compressed natural gas (CNG). The conversion costs $2,200 per van. The desired ROI is 10%. The cost of the CNG equivalent in BTU content of a gallon of gasoline is $0.75. Gasoline is currently $1.05 per gallon. The fule mileage of 12 miles per gallon is the same for natural gas. The average mileage of each van is 20,000 per year. How many years do the vans have to be kept in order to justify the conversion?

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The Flowers and Plants shop has seven delivery vans. it is considering convertin

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