MIT has designed an environmentally friendly car which will run on biodiesel. Biodiesel jean be produced from

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MIT has designed an environmentally friendly car which will run on biodiesel. Biodiesel jean be produced from the Jatropha plant for about $0.2 per liter and blended with gasoline costing 0.8 per liter. The mixture costs $0.5 per liter. Assume that fuel I consumption is 15 km per liter and engine performance in general is not affected by 20:80 blends.
a. How much money can be saved on driving 15,000 km per year?
b. How much gasoline per year is being conserved if 1 million people use the blended fuel?
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Engineering Economy

ISBN: 978-0132554909

15th edition

Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

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