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Question 24 of 25
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Question 24
per gallon. Over a seven-year period, is it less expensive to keep your old car or buy the new car? By how much?
the new car is 
$3420.08 less expensive
the old car is 
$3622.80 less expensive
the new car is 
$3420.08 less expensive
the old car is 
$3622.80 less expensive
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Question 24 of 25

Question Completion Status:\newlineMoving to another question will save this response.\newlineQuestion 2424 of 2525\newline44 points\newlineSave Answer\newlineQuestion 2424\newlineper gallon. Over a seven-year period, is it less expensive to keep your old car or buy the new car? By how much?\newlinethe new car is \newline$3420.08\$3420.08 less expensive\newlinethe old car is \newline$3622.80\$3622.80 less expensive\newlinethe new car is \newline$3420.08\$3420.08 less expensive\newlinethe old car is \newline$3622.80\$3622.80 less expensive\newlineMoving to another question will save this response.\newlineQuestion 2424 of 2525

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Q. Question Completion Status:\newlineMoving to another question will save this response.\newlineQuestion 2424 of 2525\newline44 points\newlineSave Answer\newlineQuestion 2424\newlineper gallon. Over a seven-year period, is it less expensive to keep your old car or buy the new car? By how much?\newlinethe new car is \newline$3420.08\$3420.08 less expensive\newlinethe old car is \newline$3622.80\$3622.80 less expensive\newlinethe new car is \newline$3420.08\$3420.08 less expensive\newlinethe old car is \newline$3622.80\$3622.80 less expensive\newlineMoving to another question will save this response.\newlineQuestion 2424 of 2525
  1. Question Prompt: Question prompt: Determine whether it is less expensive to keep the old car or buy the new car over a 77-year period and by how much.
  2. Identify Costs: Identify the costs associated with the old car and the new car over the seven-year period.
  3. Calculate Old Car Total: Calculate the total cost for the old car over 77 years.
  4. Calculate New Car Total: Calculate the total cost for the new car over 77 years.
  5. Compare Total Costs: Compare the total costs to find which is less expensive.
  6. Calculate Cost Difference: Calculate the difference in cost between the old car and the new car.
  7. Final Conclusion: The new car is $3420.08\$3420.08 less expensive than the old car.

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