To calculate the Miles Per Year (MPY):
\[ MPY = DM \times DD \]
Where:
Miles per year is a measure of how many miles a person drives in a year. This is a common metric used for various purposes, such as calculating vehicle depreciation, estimating fuel costs, and determining insurance premiums. Knowing the annual mileage can help in planning vehicle maintenance and budgeting for transportation expenses.
Let's assume the following values:
Step 1: Use the miles per year formula:
\[ MPY = DM \times DD = 30 \times 300 = 9000 \]
The Miles Per Year (MPY) is 9000 miles.