Suppose you are planning to buy a new car to last you the next 5 years. You have narrowed down the choices to a traditional car and a hybrid. The following table summarizes the characteristics of each car:

Car	Hybrid	Traditional
Purchase Cost	35,000	22,000
Salvage Value (in year 5)	10,000	7,000
Miles per Gallon	50	30
Cost of fuel (per Gallon)	4.00	4.00

Whats the minimum average number of miles per year that you have to drive in order for the Hybrid to be more economical?

a.) Ignore inflation and assume MARR=0.

b.) Ignore inflation. Now assume MARR=7%.