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Chap 12 Homework Hybrid Prius vs Plug in Prius Life 10 years discount rate 10% Hybrid Prius Plug in Cost $ 26,000 $ 35,000 Cash

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Chap 12 Homework Hybrid Prius vs Plug in Prius Life 10 years discount rate 10% Hybrid Prius Plug in Cost $ 26,000 $ 35,000 Cash Savings for Gas per year $ 1,500 $ 3,000 Major Maintenance year 5 $ 3,000 $ 2,000 Salvage year 10 4.000 $ 6,000 Calculate Net Present Value of each Alternative both options will have a negative Net Present Value ok but which one is less negative Set up the little table like we did on the Chap 12 examples

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