Hybrid vehicle: Purchase price=$29,500 Mileage rating= 28miles per gallon Tax credit=$2,200 Non hybrid: Purchase price=$25,000 Mileage rating=20miles per gallon Tax credit=none. If the average price of the gas will be $1.95 per gallon, how many miles of driving will it take before fuel savings of the hybrid will make up for it greater initial lost.
Try to mention any one to call like @ash2326 @amistre64 @satellite73 @jhonyy9 :)
mention any one for help:)
how to do that? just send message to them?
nope, just @ followed by the user name. like this @nia_maepenix BTW I'll help you with this
thanks a lot. I'm kinda new here
Let x be the no. of miles traveled, at which the hybrid fuel savings make up for the greater cost
yes
from whom do u want help type there name & just add @ before there name ;)
the cost of the hybrid is \(\$29,500- \$2,200=\$27,300\) and the cost of the non-hybrid is \(\$25,000\) so the hybrid cost \(\$27,300-\$25,000=\$2,300\) more
cost-tax=?
tax CREDIT
so the answer is2,300?the lost
@ash2326 can u finish your explanation too?
the \($2,300\) is how much more the hybrid cost we are not done yet by any means
thanks satelite73
we have to figure out how many miles we have to go before the fuel savings makes up for the extra \($2,300\) we spent on the hybrid
yes
so 2300/1.95?
oh no hold on a sec
ok... thanks a lot
lets imagine we go 280 miles in the hybrid we would use \(280\div28=10\) gallons of gas at a cost of \(10\times 1.95=19.5\) dollars in the non hybrid we would use \(280\div 20=14\) gallons of gas at a cost of \(14\times 1.95=27.3\) dollars which is obviously more expensive. by how much? by \(27.3-19.5=7.80\)
so we need to have exact miles so we can figure out how much is lost?
we want to know when this difference will equal 2,300 so we need to introduce a variable lets say \(x\) is the number of miles we drive then in the hybrid will we use \(\frac{x}{28}\) gallons of gas at a cost of \(1.95\times \frac{x}{28}\) and in the non hybrid we will use \(\frac{x}{20}\) gallons of gas at a cost of \(1.95\frac{x}{20}\)
hybrid is 1.95/28x and non is 1.95/20x
our job is to solve \[1.95\times \frac{x}{20}-19.5\times \frac{x}{28}=2,300\]
typo there, should be \[1.95\times \frac{x}{20}-1.95\times \frac{x}{28}=2,300\]
we can do it as follows \[1.95(\frac{x}{20}-\frac{x}{28})=2,300\] \[1.95(\frac{28x-20x}{20\times 28})=2,300\] \[\frac{8x}{560}=2,300\div 1.95=1179.5\] rounded \[\frac{x}{70}=1179.5\] \[x=1179.5\times 70\]
so the lost is 82565?
i don't know i didn't multiply
i think divide
1179.5/70
but before i do i hope it is clear what i did i was not sure what equation i needed to solve, so i did it with numbers to see how it worked that is why i wrote the first post about driving 280 miles
multiply don't divide
yeah i get it
you have \(\frac{x}{70}=1179.5\) so \(x=1179.5\times 70=82565\)
let me check to see if this looks right
thanks. this is the lost?
?
miles of driving will it take before fuel savings of the hybrid will make up for it greater initial lost is 82565
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