subject
Business, 09.03.2020 19:31 ramseynikki87

You are considering the purchase of a hybrid Honda Civic. Assume that you drive 12,000 per year, and will keep the auto for 10 years, at which time the car will have zero trade-in value. Assume the cost of gas is $2.49/gallon. The "normal" model gets 34 miles per gallon, while the "hybrid" model gets 50 miles per gallon. The hybrid model cost $21,850 while the normal model costs $18,260. All other operating costs are the same. You can invest your money at a 6% interest rate (i. e. use a 6% discount rate).

Given these assumptions, is it a good economic decision to purchase the hybrid?

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 11:50, Attaullah2519
Christopher kim, cfa, is a banker with batts brothers, an investment banking firm. kim follows the energy industry and has frequent contact with industry executives. kim is contacted by the ceo of a large oil and gas corporation who wants batts brothers to underwrite a secondary offering of the company's stock. the ceo offers kim the opportunity to fly on his private jet to his ranch in texas for an exotic game hunting expedition if kim's firm can complete the underwriting within 90 days. according to cfa institute standards of conduct, kim: a) may accept the offer as long as he discloses the offer to batts brothers. b) may not accept the offer because it is considered lavish entertainment. c) must obtain written consent from batts brothers before accepting the offer.
Answers: 1
image
Business, 22.06.2019 13:30, bobbycisar1205
Hundreds of a bank's customers have called the customer service call center to complain that they are receiving text messages on their phone telling them to access a website and enter personal information to resolve an issue with their account. what action should the bank take?
Answers: 2
image
Business, 22.06.2019 20:00, jessicaortiz6
Suppose a country's productivity last year was 84. if this country's productivity growth rate of 5 percent is to be maintained, this means that this year's productivity will have to be:
Answers: 2
image
Business, 22.06.2019 23:30, Calumworthy6046
Which career pathways require workers to train at special academies? a. emts and emergency dispatchers b. crossing guards and lifeguards c. police officers and firefighters d. lawyers and judges
Answers: 3
You know the right answer?
You are considering the purchase of a hybrid Honda Civic. Assume that you drive 12,000 per year, and...

Questions in other subjects:

Konu
Mathematics, 01.02.2021 21:50
Konu
Mathematics, 01.02.2021 21:50
Konu
German, 01.02.2021 21:50