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(a) (b) Give ONE example for EACH of these categories of vehicle options mechanical device and convenience option. (4 marks) Isabella owns a 2022


 

(a) (b) Give ONE example for EACH of these categories of vehicle options mechanical device and convenience option. (4 marks) Isabella owns a 2022 Toyota Camry and its gasoline consumption is 7.9 litre per 100 kilometres. She drives an average of 700 kilometres per month. Below are the fixed ownership costs and variable operating costs for Isabella's car. Items Average gasoline price License and registration fees Comprehensive car insurance premium Parking and toll fees Costs $19 per litre $5,800 per year $950 per month $3,800 per month Repairs and maintenances (i.e. oil change and tire replacement) Annual interest on car loan $9,000 per year $5,200 per year Calculate (i) the total annual fixed ownership costs and (ii) the total annual variable operating costs of Isabella's 2022 Toyota Camry. (10 marks)

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