1. They'll buy her a used car that will cost her $0.50 per mile in gas and maintenance fees. 2. They'll buy her a new hybrid car but she'll have to contribute $5,000 to the cost. The new car will then cost her an additional $0.10 per mile in gas and maintenance fees.
If she plans to keep the car until she graduates from college in six years and she intends to drive it 10,000 miles each year, which option will cost her less