1. five used vans would cost a total of $75,700 to purchase and would have a 3-year useful life with negligible salvage value. lon plans to use straight-line depreciation. 2. ten drivers would have to be employed at a total payroll expense of $48,010. 3. other annual out-of-pocket expenses associated with running the commuter service would include gasoline $15,990, maintenance $3,300, repairs $4,000, insurance $4,200, and advertising $2,510. 4. lon has visited several financial institutions to discuss funding. the best interest rate he has been able to negotiate is 15%. use this rate for cost of capital. 5. lon expects each man to make ten round trips weekly and carry an average of six students each trip. the service is expected to operate 30 weeks each year, and each student will be charged $12.05 for a round-trip ticket.

Construct an example of the cycle of​ money, identify all the players involved and identify their individual benefits from participating in the cycle of money. in the examples of the cycle of money shown​ below, identify all the players involved and identify their individual benefits from participating in the cycle of money. example​ one: ​(select from the​ drop-down menus.) ▾ opens a savings account ▾ with the borrower with the original lender at a local commercial bank with a​ $200 deposit. the ▾ original lender bank borrower loans out the​ $200 with other funds from other savings accounts to ▾ the original lender a local businessman who is expanding his business. the local businessman pays back the loan over time with interest and the bank credits the savings account with interest. the individual withdraws money from the savings account to buy a new bike.