Answered step by step
Verified Expert Solution
Question
1 Approved Answer
the cheapes state is Louisiana with 9.34 cents per kilowatt hrs. Your aunt hears that you're studying sustainability and energy, and she wants your advice
the cheapes state is Louisiana with 9.34 cents per kilowatt hrs. Your aunt hears that you're studying sustainability and energy, and she wants your advice about choosing a fuel-efficient vehicle! She drives 15,000 miles per year (typical) and plans to keep her car for 5 years before selling it (again, quite typical). She's considering three cars: none Car Purchase price Tax credit 5-year resale price Fuel efficiency (capital cost) (first year) (residual value) Toyota Yaris $15,000 $10,000 33 miles/gallon Toyota Prius $24,000 $2,500 $12,000 50 miles/gallon (hybrid) Nissan Leaf $30,000 $7,500 $6,000 3 miles/kWh (electric) Comparing costs across state: How much would it cost annually to fuel the electric-powered Leaf if your aunt lived in the state with cheapest electricity instead of Arizona? What is the five-year cost? Does that change your answer to (8)? Explain. (6 pts.)
the cheapes state is Louisiana with 9.34 cents per kilowatt hrs.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started