A large automobile manufacturer has developed a continuous variable transmission (CVT) that provides smooth shifting and enhances fuel efficiency by 22 mpg of gasoline. The extra cost of a CVT is $750750 on the sticker price of a new car. For a particular model averaging 2727 miles per gallon with the CVT, what is the cost of gasoline (dollars per gallon) that makes this option affordable when the buyer's interest rate is 99% per year? The car will be driven 110 comma 000110,000 miles uniformly over an eight-year period.

A large automobile manufacturer has doveloped continuous variable an$ mission CVT that pro des smooth shifting and enhances fue efficiency by 2 mpg cf gasoline. The extra cost of T i$ $750 on th. sticker price of model averaging 27 miles per gallon with the CVT, what is the cost of gasoline dollars per gallon that makes l is option affordable when the buyer's interest rate is 9% per year? The car will be driven 110,000 miles uniformly over an eight-year periood. new car. Fora particular Click the icon to view the interest and annuity table for discrete compounding when9% per year. 0 More Info The cost of gasoline that makes this option affordable is per gallon. (Round to the nearest cent.) Discrete Compounding: 9% Single Payment Uniform Series Capital Compound Amount Factor To Find F Given A FIA 1.0000 Compound Amount Present Present Worth Factor To Find P Glven A PIA Sinking Fund Recovery Factor To Find A Given F AF 1.0000 0.4785 0.3051 0.2187 0.1671 0.1329 0.1087 0.0907 0.0768 0.0658 Factor Worth Factor To Find P Given F Factor To Find A Glven P To Find F Given P FIP 1.0900 1.1881 1.2950 14116 1.5386 1.6771 1.8280 1.9926 2.1719 2.3874 3.2781 4.5731 5.9847 7.5233 9.2004 1.0800 0.5685 0.3951 0.3087 0.2571 2.5313 0.6499 4.4859 0.1987 0.1807 0.1668 0.1568 0.4604 15.1929 PrintDone