What is the total vehicle life cycle cost of this hybrid. Please show how to do
Vehicle purchase cost 17,000
Vehicle Operating cost $0.12
Useful Life of Vehicle 13 years
Miles per year 14,500
Miles per Gallon 32
Average Fuel price per gallon $3.64
= Total life cycle cost ______________ (round answer to nearest whole number)
formula is Total Life Cycle cost= Cost of vehicle+ Life Cycle cost of fuel+ Life Cycle Operating Cost.