Consider the following situation, which involves two options. Determine which option is less expensive. Are there unstated factors that might affect your decision? . You currently drive 375 miles per week in a car that gets 19 miles per gallon of gas. You are considering buying a new fuel-efcient car for $12,000 (after trade-in on your current car) that gets 42 miles per gallon. Insurance premiums for the new and old car are $1000 and $400 per year, respectively. You anticipate spending $1800 per year on repairs for the old car and having no repairs on the new car. Assume gas costs $3.00 per gallon. Over a ve-year period, is it less expensive to keep your old car or buy the new car'? Over a ve-year period, the cost of the old car is $l:| and the cost of the new car is $|:l. Thus, over a ve-year period, it is less expensive to EV: (Round to the nearest dollar as needed.)