Create an Account

Already have account?

Forgot Your Password ?

Home / Questions / Toyota will bring hybrid electric automobiles to market next year priced at ​$34000

Toyota will bring hybrid electric automobiles to market next year priced at ​$34000

Toyota will bring hybrid electric automobiles to market next year priced at ​$34,000 ​(this includes a ​$8, 500 federal tax​credit). At ​$2.14 per gallon of​ gasoline, it will take 10 years to recoup the difference in price between a base model Toyota Camry and its​ four-cylinder gasoline-only counterpart. The price difference is ​$4,000. If the hybrid vehicle is driven for 14​years, what is the internal rate of return on the extra investment in the​ hybrid?

Jan 31 2020 View more View Less

Answer (UnSolved)

question Get Solution

Related Questions