Using the crossover mileage between the hybrid vehicle and the alternative vehicle from a competing auto manufacturer below, what is the crossover point in years? Hybrid Vehicle Vehicle Purchase Cost $18 comma 000 Vehicle Operating Cost per Mile $0.13 Useful Life of Vehicle 14 Miles per Year 16 comma 500 Miles per Gallon 31 Average Fuel Price per Gallon $3.95 Alternative Vehicle Vehicle Purchase Cost $19 comma 500 Vehicle Operating Cost per Mile $0.10 Useful Life of Vehicle 14 Miles per Year 16 comma 500 Miles per Gallon 36 Average Fuel Price per Gallon $3.95 Given that the crossover mileage is 31 comma 449 miles, the crossover point in years is nothing years (round your response to two decimal places).

1.91 years

Explanation:

The car manufacturer assumed that the owners of both cars would drive them on average 16,500 miles per year. So they made all their cost calculations based on that average annual mileage, and the final result was the crossover point of 31,449 miles. To determine the crossover point in years, all you need to do is divide 31,449 miles by 16,500 miles = 1.906 years ≈ 1.91 years

answer; /// the above statement is (true);

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