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Assume that gasoline costs $ 3 . 2 0 per gallon and you plan to keep either car for six years. How many miles per
Assume that gasoline costs $ per gallon and you plan to keep either car for six years. How many miles per year would you need to drive to make the decision to buy the hybrid worthwhile, ignoring the time value of money?Hybrid cars are touted as a "green" alternative; however, the financial aspects of hybrid ownership are not as clear. Consider the Edsel h which had a list price of $including tax consequences more than the comparable gasolineonly Edsel Additionally, the annual ownership costs other than fuel for the hybrid were expected to be $ more than the traditional sedan. The EPA mileage estimate was mpg for the hybrid and for the traditional sedan. a Assume that gasoline costs $ per gallon and you plan to keep either car for six years. How many miles per year would you need to drive to make the decision to buy the hybrid worthwhile, ignoring the time value of money? Do not round intermediate calculations and round your answer to nearest whole number, eg b If you drive miles per year and keep either car for six years, what price per gallon would make the decision to buy the hybrid worthwhile, ignoring the time value of money? Do not round intermediate calculations and round your answer to decimal places, eg c Gasoline costs $ per gallon and you plan to keep either car for six years. How many miles per year would you need to drive to make the decision to buy the hybrid worthwhile? Assume the appropriate interest rate is percent and all cash flows occur at the end of the year. Do not round intermediate calculations and round your answer to the nearest whole number, eg d If you drive miles per year and keep either car for six years, what price per gallon would make the decision to buy the hybrid worthwhile? Assume the appropriate interest rate is percent and all cash flows occur at the end of the year. Do not round intermediate calculations and round your answer to decimal places, eg
Assume that gasoline costs $ per gallon and you plan to keep either car for six years. How many miles per year would you need to drive to make the decision to buy the hybrid worthwhile, ignoring the time value of money?Hybrid cars are touted as a "green" alternative; however, the financial aspects of hybrid
ownership are not as clear. Consider the Edsel h which had a list price of
$including tax consequences more than the comparable gasolineonly Edsel
Additionally, the annual ownership costs other than fuel for the hybrid were
expected to be $ more than the traditional sedan. The EPA mileage estimate was
mpg for the hybrid and for the traditional sedan.
a Assume that gasoline costs $ per gallon and you plan to keep either car for six
years. How many miles per year would you need to drive to make the decision to buy
the hybrid worthwhile, ignoring the time value of money? Do not round intermediate
calculations and round your answer to nearest whole number, eg
b If you drive miles per year and keep either car for six years, what price per
gallon would make the decision to buy the hybrid worthwhile, ignoring the time value
of money? Do not round intermediate calculations and round your answer to
decimal places, eg
c Gasoline costs $ per gallon and you plan to keep either car for six years. How
many miles per year would you need to drive to make the decision to buy the hybrid
worthwhile? Assume the appropriate interest rate is percent and all cash flows
occur at the end of the year. Do not round intermediate calculations and round your
answer to the nearest whole number, eg
d If you drive miles per year and keep either car for six years, what price per
gallon would make the decision to buy the hybrid worthwhile? Assume the
appropriate interest rate is percent and all cash flows occur at the end of the year.
Do not round intermediate calculations and round your answer to decimal
places, eg
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