Linda and Jerry are faced with a car replacement opportunity where an interest rate can be ignored. Jerry’s old clunker that averages 10 miles per gallon (mpg) of gasoline can be traded in toward a vehicle that gets 15 mpg. Or, as an alternative, Linda’s 25 mpg car can be traded in toward a new hybrid vehicle that averages 50 mpg. If they drive both cars 12,000 miles per year and their goal is to minimize annual gas consumption, which car should be replaced—Jerry’s or Linda’s? They can only afford to upgrade one car at this time.

Linda and Jerry are faced with a car replacement opportunity where an interest rate can be ignored. Jerry’s old clunker that averages 10 miles per gallon (mpg) of gasoline can be traded in toward a vehicle that gets 15 mpg. Or, as an alternative, Linda’s 25 mpg car can be traded in toward a new hybrid vehicle that averages 50 mpg. If they drive both cars 12,000 miles per year and their goal is to minimize annual gas consumption, which car should be replaced—Jerry’s or Linda’s? They can only afford to upgrade one car at this time.

Refrigeration and Air Conditioning Technology (MindTap Course List)

8th Edition

ISBN:9781305578296

Author:John Tomczyk, Eugene Silberstein, Bill Whitman, Bill Johnson

Publisher:John Tomczyk, Eugene Silberstein, Bill Whitman, Bill Johnson

Chapter2: Matter And Energy

Section: Chapter Questions

Problem 19RQ: What are the two types of energy most frequently used or considered in this industry?

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