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please answer Afresh graduate who just started his new job is choosing between two commuting cars of comparable sizes. The rst is a traditional gasoline

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Afresh graduate who just started his new job is choosing between two commuting cars of comparable sizes. The rst is a traditional gasoline car and the second is an all-electric car. The anticipawd usage of the car is 20,000 km per year. The market value for both cars follows a Declining Balance Depreciation model. Given the data in the table below and assuming that paying will be in cash. answer the following at 0% interest rate. _ _Ii_ a) If the car is to be sold after 3 years, which car model is more economic? ('7 Marks) b) What gas price would justify the gasoline model, over the all-electric model, if the commuter will resell the car after 4 years? (9 Marks) 6) How many years of usage will justify buying the all-electric model? (Hint: the answer could be a fraction value). (9 Marks)

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