Question

Find the total annual operating cost given the following expenses: interest, $580; depreciation, $1,190; gas and oil, $898; repairs and parts, $242; license plate and inspection, $53; and parking, car washes, and other miscellaneous, $298.

Answer 1

To calculate the total annual operating cost of a car, add all individual expenses: interest, depreciation, gas and oil, repairs and parts, license and inspection, and miscellaneous costs.

Step-by-step explanation:

The correct answer is option Mathematics. To find the total annual operating cost for a car, you must add together all of its various expenses:

Adding these costs together: $580 + $1,190 + $898 + $242 + $53 + $298 = $3,261.

This sum represents the total annual operating cost for the vehicle in the given year, including routine expenses and maintenance costs but excluding any costs related to accidents or insurance premiums.

The sum is $3,261, representing the total cost for the year excluding accident-related expenses.