Question: really just dont know what it is Connections Objective Analyzing the Purchase of Gas versus Electric Car To analyze the purchase and operation of a

really just dont know what it is
really just dont know what it is Connections
Connections Objective Analyzing the Purchase of Gas versus Electric Car To analyze the purchase and operation of a gas versus fully electric car Background There currently are five types of cars that can be found if you sort them by what powers them. (1) Regular gas or diesel car, (2) A hybrid gas and electric car, (3) A plug-in electric and gas car, (4) A fully electric car, or (5) A hydrogen powered car. For this project, let's assume that you are going to compare numbers 1 and 4, a regular gas car and a fully electric car. In both cases, you are going to buy a new car and make payments @ 3.2% interest compounded monthly and monthly payments over five years. You have an old car to trade in that's worth about $2000.00 Task 1 You should compare the final purchase cost, including all taxes and other things. For the electric car you can get money off through the "Scrap-it" program (for your old car), Federal and Provincial rebates and maybe even a dealership rebate. Task 2 Finally, estimate the cost per year to run your car and compare an operating cost of the two vehicle Assume that you go about 500 km a week for work and pleasure. You also need car insurance. Ca epairs may be cheaper on the electric cars since there are less moving parts

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