Use the following formula. nt A= LC Suppose that you drive 50,000 miles per year and gas averages $4 per gallon. Complete parts a. and b. below. -1 a. What will you save in annual fuel expenses by owning a hybrid car averaging 50 miles per gallon rather than an SUV averaging 25 miles per gallon? $ 4000 (Round to the nearest dollar as needed.) O b. If you deposit your monthly fuel savings at the end of each month into an annuity that pays 5.2% compounded monthly, how much will have saved at the end of nine years? S (Round to the nearest dollar as needed.) a ... $ C 86°F
Use the following formula. nt A= LC Suppose that you drive 50,000 miles per year and gas averages $4 per gallon. Complete parts a. and b. below. -1 a. What will you save in annual fuel expenses by owning a hybrid car averaging 50 miles per gallon rather than an SUV averaging 25 miles per gallon? $ 4000 (Round to the nearest dollar as needed.) O b. If you deposit your monthly fuel savings at the end of each month into an annuity that pays 5.2% compounded monthly, how much will have saved at the end of nine years? S (Round to the nearest dollar as needed.) a ... $ C 86°F
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter0: Preparing For Algebra
Section0.1: Plan For Problem Solving
Problem 1E
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