11 95% 7:03 PM Case 2 -Saving the Most Green" Today is January 1st, 20xx, and your car has recently experienced a mechanical problem. You are considering giving up "old-reliable" and trading it in for a newer model. You are debating betweena brand-new hybrid-electric car and a brand new conventional gas engine car. However, before making your final decision you decide to look at a few factors to decide if a new vehicle will save you money over the next 5 years and if so, which vehicle will be the best value 95% 17 04 PM Your current vehicle (which you own free and clear) is worth $10,000 and needs $500 of repairs today. You estimate that the car will cost an additional $500 in repairs every 12 months. (TIP: This is an example of an annuity due) You currently average 25 MPG. The estimated trade-in value for "old-reliable" in 5 years will be $2,000. The hybrid car you are considering purchasing has a sales price of $35,000 and claims to get 45 MPG. Since the car is new you do not anticipate any additional repair expenses like you do with your older model vehicle. The estimated trade