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Assume after completion of graduation you found a job which requires you to travel to different locations. You expect to clock around 12,000 miles per

Assume after completion of graduation you found a job which requires you to travel to different locations. You expect to clock around 12,000 miles per year. Hoping to save some money on the fuel costs, you are considering converting your car which averages 15 miles per gallon on fuel into a hybrid one that can run on C N G or conventional fuel. Cost of conversion is about $5,000 and the mechanic offering the conversion package tells you that the state offers a $2,500 tax credit for alternative fuels. You are wondering whether the conversion to a hybrid is economical? Think what are the measures you would take to arrive at a conclusion

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