According to the FHWA (Federal Highway Administration), the average American racks up around13476 miles per year. It equates to over 1000 miles every month. However, this number is just for reference, your mileage can vary widely based on lifestyle, age, gender, and job. Suburban life, be...
What does it mean to be average? The gallons per mile versus miles per gallon paradox revisitedHaans, Antal
Yes, it would. It equates to about £290 per household on average, but of course, not every household has a driver. What’s more, there’s fuel duty. That ridiculously disproportionate amount of tax on our pennies spent at the pump amounts to about 53p per litre (ouch) and...
This method differs from others in that it looks at actual redemptions rather than hypothetical, maximized redemptions. The advantage of this approach is that it provides a real-world indication of how much these miles are worth, on average. That said, it doesn’t take into account the high...
Average mileage of a car:Average mileage of a vehicle is measured as distance travelled by vehicle per unit volume consumption of the fuel, at a particular speed. At that particular speed, the average flow rate of fuel to engine is...
Delta offers slightly above-average value for its SkyMiles compared with other programs. However, the range of values is generally much lower, as the cost in miles is tightly connected to the cash cost. So you’re less likely to get outsized value from a particular redemption, even if the...
Is it “worth it” to pay a S$192.60 annual fee in exchange for 10,000 miles? You can’t answer any of these unless you know how much a mile is worth. Unfortunately, there’s no black and white answer becausethe value of a mile is subjective.While there’s some math we can do ...
mileage much higher than the average prior audit history As you see, a mileage log can be a critical piece of evidence in the case of an IRS audit. If you’re audited, the IRS may ask for detailed information about each trip. And if you run a business, they will ask for mileage dat...
An average is the central value for a given set of numbers. It represents the most typical value in the given set. We find the average of a set of numbers by adding them all up, and dividing by the amount of numbers in the set....
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