Hybrid cars are touted as am a "green" alternative;however,the financial aspects of hybrid ownership are not as clear. Consider the 2020 edsel 550h,which had a list price of $5,400(including tax consequences) more than the comparable gasoline-only edsel 550. Additionally, the annual ownership costs (other than fuel) for the hybrid were expected to be $460 more than the traditional sedan. The EPA mileage estimate was 25 mpg for the hybrid and 17mpg for traditional sedan. a.Assume that gasoline costs $3.75 per gallon and you plan to keep either car for 6 years. How many miles per year would you need to drive to make the decision to buy the hybrid worthwhile,ignoring the time value of money. b. If you drive 17,000 miles per year and keep either car for six years,what price per gallon would make the decision to buy the hybrid worthwhile,ignoring the time value of money. c. Gasoline costs $3.75 per gallon and you plan to keep either car for six years. How many miles per year would you need to drive to make the decision to buy the hybrid worthwhile? Assume the appropriate interest rate is 10 percent and all cash flows occur at the end of the year. d. If you drive 17,000 miles per year and keep either car for six years,what price per gallon would make the decision to buy the hybrid worthwhile? Assume the appropriate interest rate is 10 percent and all cash flows at the end of the year a.Miles per year? b. Price per gallon? Moles per year? d. Price per gallon?