Pure gasoline has an energy density of 115,600 BTU per gallon while ethanol has an energy density

Question:

Pure gasoline has an energy density of 115,600 BTU per gallon while ethanol has an energy density of 75,670 BTU per gallon. If gasoline costs $3.50 per gallon,

(a) what would the cost of pure ethanol have to be in order for the energy costs of the two fuels to break even?

(b) What would the price of E85 (85% ethanol, 15% gasoline) have to be for its energy cost to be the same as that of pure gasoline?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Engineering Economy

ISBN: 978-0073523439

8th edition

Authors: Leland T. Blank, Anthony Tarquin

See More Books

Question Posted: Dec 26, 2018 06:09 AM

See More Questions

Federal excise taxes on gasoline vary widely across the developed world. The United States has the lowest taxes at U.S. $0.40 per gallon (or 0.07 per liter), Canada has taxes of $0.60 per gallon,...
Cody Packwood is planning to manage and operate Ace Caddy Service at The Glen Golf and Country Club from June through August 2015. Cody will rent a small maintenance building from the country club...
This problem continues our accounting for Pure Water, Inc., from Chapter 7 . During 2012, Pure Water made the following purchases: On May 3, Pure Water, Inc., purchased a copy machine for $2,400...
Calculate the Total Cost of Ownership of the following 2 models and determine which model is a better buy. Model X Model Y $50,000 $60,000 Purchase price = Expected useful life = Maintenance cost per...
The following partial income statement and income tax note excerpts were taken from Sirius XM Inc.'s 2012 Form 10-K. During 2012, Sirius XM eliminated most of the valuation allowance it had built up,...
How do you interpret the quotes for financial futures in The Wall Street Journal?
Pablo Company incurred the following expenses to consummate the purchase of a subsidiary: a. $30,000 paid to a legal firm to structure and record the transaction. b. $35,000 preacquisition audit of...
Most countries do not attempt to manage their exchange rates with intervention in the foreign currency markets, but some do. Under which circumstances is such an intervention likely to be ineffective?
Use the following financial statements to answer the remaining questions. What is the Operating Cash Flow (OCF) for 2019? Group of answer choices $2,215 $845 $1,930 $2,845
To generate needed foreign exchange, the Cuban government entered into a joint venture with Domingo Cigars of Spain. The joint venture manufactures Domingo Cigars in Cuba using Cuban tobacco and...
Let (X, Y) have the density f(x, y) = k if x 2 + y 2 < 1 and 0 otherwise. Determine k. Find the densities of the marginal distributions. Find the probability P(X 2 + Y 2 < 1/4).
Can the past response location of a query be helpful in limiting the flooding area? Explain clearly.
For the voltammogram in Problem 5.3, determine whether the one-electron transfer process is reversible in the electrochemical sense. Data from Problem 5.3 From the CV below, estimate the formal...
The amounts of caffeine in a sample of five-ounce servings of brewed coffee are shown in the histogram. Number of 5-ounce servings S 25- 20 15 10 25 12 10 1 2 70.5 92.5 114.5 136.5 158.5 Caffeine (in...
Tom, David, Dale, and Murdock are four business students who want to rent a four- bedroom apartment together for the fall semester. They have identified the three factors important to them in...
Listed below, out of order, are the steps in an accounting cycle. 1. Prepare the unadjusted trial balance. 2. Post journal entries to general ledger accounts. 3. Analyze transactions from source...
Consider Quick Start QFD Matrix 2 above. Which two technical specifications are strongly correlated with each other? Quick Start QFD Matrix 2 Strong positive correlation Some positive correlation ==...
A cylindrical solenoid of length $\ell$ and radius $R$ has $n$ windings per unit length and carries a current $I$. (a) Use the inductance expression $L=\left(\mu_{0} N^{2} A ight) / \ell$...
An electron is in the spin state (a) Determine the constant A by normalizing . (b) If you measured S z on this electron, what values could you get, and what is the probability of each? What is the...
What is the difference between the straight-line method of depreciation and the written down value method? Which method is more appropriate for reporting earnings?
Alfred Smith wants to purchase life insurance that will guarantee his family $50,000 (in R-dollars) per year in bond interest income forever. The interest rate (i m ) from corporate bonds is expected...
Your older brother is concerned more about investment safety than about investment performance. For example, he has invested $100,000 in safe 10-year corporate AAA bonds yielding an average of 6% per...
A large corporations electricity bill amounts to $400 million. During the next 10 years, electricity usage is expected to increase by 65%, and the estimated electricity bill 10 years hence has been...
An estimated 84 percent of enterprises now use cloud computing solutions involving multiple clouds, whereas less than 10 percent of large organizations employ just a single public cloud. Group of...
XYZ inc. was involved in a tax dispute with the national tax authority. The companys legal counsel estimates that there is a 75% likelihood that the company will lose the dispute and that the amount...
3 . Accounting.. How does depreciation impact financial statements, and what are the different methods of depreciation?

Pure gasoline has an energy density of 115,600 BTU per gallon while ethanol has an energy density

Question:

Step by Step Answer:

a Calculate BTUdollar for gasoline and s...View the full answer

Engineering Economy

Students also viewed these Business questions