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Vehicle Authority raised the average fuel efficiency standard to 35.5 KML for vehicles by the year 2016. The policy will cost consumers an average of

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Vehicle Authority raised the average fuel efficiency standard to 35.5 KML for vehicles by the year 2016. The policy will cost consumers an average of SR434 extra per vehicle in the 2012 model year. If a person buys a new vehicle in 2012 and keeps it for 5 years, how much must be saved in fuel costs each year to justify the extra cost at interest rate of 8% per year. SR 106 SR 104 SR 108 SR 110

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