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Question 24 of 25
4 peints
Sinet Antint
Question 24
per gallon. Over a sevenyear period, is it less expendive to keep your old car or buy the new car? By how much?
the new car is $3420.05 less expertive
the old car is 
$3622.80 less expensive
the new car is 
$3420.06 inse expensive
the old car is 
$3622.80 less expensive

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Question 24 ol 25

* Question Completion Seatur:\newlineA Moving to another question will swe this response.\newlineQuestion 2424 of 2525\newline44 peints\newlineSinet Antint\newlineQuestion 2424\newlineper gallon. Over a sevenyear period, is it less expendive to keep your old car or buy the new car? By how much?\newlinethe new car is \$\(3420\).\(05\) less expertive\(\newline\)the old car is \( \$ 3622.80 \) less expensive\(\newline\)the new car is \( \$ 3420.06 \) inse expensive\(\newline\)the old car is \( \$ 3622.80 \) less expensive\(\newline\)A Moving to another question will save this response.\(\newline\)Question \(24\) ol \(25\)

Full solution

Q. * Question Completion Seatur:\newlineA Moving to another question will swe this response.\newlineQuestion 2424 of 2525\newline44 peints\newlineSinet Antint\newlineQuestion 2424\newlineper gallon. Over a sevenyear period, is it less expendive to keep your old car or buy the new car? By how much?\newlinethe new car is \$\(3420\).\(05\) less expertive\(\newline\)the old car is \( \$ 3622.80 \) less expensive\(\newline\)the new car is \( \$ 3420.06 \) inse expensive\(\newline\)the old car is \( \$ 3622.80 \) less expensive\(\newline\)A Moving to another question will save this response.\(\newline\)Question \(24\) ol \(25\)
  1. Question Prompt: Question prompt: Determine whether it is less expensive to keep the old car or buy the new car over a seven-year period, and by how much.
  2. Comparison Analysis: To solve this, we need to compare the total costs of keeping the old car versus buying the new car over 77 years.
  3. Old Car Cost Calculation: Let's assume the cost to keep the old car for 77 years is given or can be calculated.
  4. New Car Cost Calculation: Similarly, assume we know the total cost of buying and using the new car for the same period.
  5. Cost Difference Calculation: Subtract the cost of the new car from the cost of the old car to find the difference. If the result is positive, the old car is less expensive by that amount; if negative, the new car is less expensive.
  6. Final Calculation: Let's say the old car costs XX over seven years. We subtract $3420.05\$3420.05 (the given cost for the new car) from XX.

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