Given the data in Problem S5.15 and an alternative hybrid vehicle with the specifications shown below:a) What is the crossover point in miles?b) Which vehicle is has the lowest cost until the crossover point is reached?

Data from problem S5.15

Hartley Auto Supply delivers parts to area auto service centers and is replacing its fleet of delivery vehicles. What is the total vehicle life cycle cost of this gasoline engine truck given the information provided in the following table?

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VEHICLE PURCHASE COST VEHICLE OPERATING COST PER MILE USEFUL LIFE OF VEHICLE MILES PER YEAR MILES PER GALLON AVERAGE FUEL PRICE PER GALLON $29,000 $0.08 10 years 18,000 40 $2.55