A family wishes to buy a 2020 Toyota Camry. The two options the consider are (a) a standard automobile with and SI engin
Posted: Fri Jul 01, 2022 6:38 am
A family wishes to buy a 2020 Toyota Camry. The two options theconsider are (a) a standard automobile with and SI engine that gets34 mpg and costs $18,000; and (b) a hybrid automobile that gets 52mpg and costs $32,000. On average, the family drives 16,000 mileseach year ad gasoline costs $1.65 per gallon.
Calculate: (Show your solution)
a. The amount of gasoline each vehicle would use each year.
b. Gasoline cost savings of hybrid over standard.
c. Time in months it would take to make up the difference invehicle cost with fuel savings.
Calculate: (Show your solution)
a. The amount of gasoline each vehicle would use each year.
b. Gasoline cost savings of hybrid over standard.
c. Time in months it would take to make up the difference invehicle cost with fuel savings.