Answer the Question. -You Currently Drive 240 Miles Per Week in a Car

question 156

Multiple Choice

Answer the question.
-You currently drive 240 miles per week in a car that gets 16 miles per gallon of gas. A new fuel-efficient car costs $13,000 (after trade-in on your current car) and gets 40 miles per gallon.
Insurance premiums for the new and old car are $800 and $600 per year, respectively. You
Anticipate spending $1400 per year on repairs for the old car and having no repairs on the new car.
Assuming that gas remains at $3.50 per gallon, estimate the number of years after which the costs
Of owning the new and old cars are equal.

• A)5.1 years
• B)5.6 years
• C)4.6 years
• D)4.2 years

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Definitions:

Ethnic Minority

A group of people who differ in race or ethnicity from the majority population of a country or region. They may have different cultural, linguistic, or religious characteristics.

Sexual Orientation

A term that refers to whether someone is sexually attracted to others of the same sex, different sex, or both.

Sexual Diversity

The range of different sexual orientations and identities, recognizing the complexity of human sexuality.

Nucleus Accumbens

A region in the brain that plays a central role in the reward circuit, associated with pleasure, reinforcement learning, and addiction.