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Last Updated: 07/13/2007 |
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Personal Transportation or Rental Vehicle: Which is more cost effective? | |||
Notwithstanding an individuals personal preference, availability, leave time, etc., the following break even analysis can be used to help determine the least expensive choice for your department and CMU.
One Day Trip Analysis: The analysis compares:
Against being reimbursed at .375 cents/mile (CMU's current rate).
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