Question

Carolyn leases a new Hyundai Elantra by paying $2400 up front and $167 a month over three years. The lease also stipulates he will be charged $0.12 per mile forevery mile over 36,000. If she puts 39,087 miles on the car, what will be the total cost of the lease?Round your answer to the nearest cent hundredth) but do not include a Sin your response

Answer 1

we have that

3 years=3(12)=36 months

so

$2,400+$167(36)=$8,412

and

39,087-36,000=3,087 miles

so

$0.12*(3,087)=$370.44

therefore

The total cost is

$8,412+$370.44=$8,782.44

the answer is $8,782.44