Carlos purchased a car three years ago ata price of$21950. Today, the car's estimated worth is $15110. The complete car cost guide states the annual variable cost if the car is $1150 per year with insurance costing $1,259 per year. For each year, carlos paid $140 for license and registration fees. He drove the car 17,000 miles per yeas.After computing the car's depreciation and its total annual cost, find the cost per mile.
Cost per mile = (annual variable cost + annual fixed cost) divided by number of miles driven.Depreciation = purchase price-todays worth) divided by number or years owned.

Question

Carlos purchased a car three years ago ata price of$21950. Today, the car's estimated worth is $15110. The complete car cost guide states the annual variable cost if the car is $1150 per year with insurance costing $1,259 per year. For each year, carlos paid $140 for license and registration fees. He drove the car 17,000 miles per yeas.After computing the car's depreciation and its total annual cost, find the cost per mile.
Cost per mile = (annual variable cost + annual fixed cost)  divided by number of miles driven.Depreciation = purchase price-todays worth) divided by number or years owned.

thekingofcr · Answer

cost of car - value of car = $21,950 - $15,110 = depreciation 
$1,150/year + $1,259/year + $140/year = annual cost/year 
(depreciation + 3 years * annual cost/year) / 17,000 miles = cost/mile 

Geraldo Castro rented a car for four days at $45.00 per day, and drove the car 600 miles at $0.22 per mile. He spent $50.00 for gasoline and purchased a collision waiver for $12.00 per day. What was the total cost for renting the car? 

(4 days * $45/day) + (600 miles * $0.22/mile) + $50.00 + (4 days * $12/day) = total cost 
Geraldo got off easy since he didn't have to pay taxes and fees normally associated with car rentals. 

Pedro can calculate his expenses like Geraldo did.

the-simple-diamond · Answer

You copy and pasted that off yahoo dident you. -_-