9.3, 9.5: Used Car, Cost/Mile Practice

Front

Average Retail Price =

Back

Average Retail Value + Additional Options - Options Deductions - Mileage Deduction

Front

Calculate the monthly fixed cost for operating the car. Financing: $345 per month, Insurance: $286 per month.

Back

$631

Front

How much are Patrick's monthly fixed costs?

Back

$205

Front

Janice gets her oil changed four times a year. If each oil change costs $59.99 plus tax (15% tax), then how much does she spend on oil changes every year?

Back

$275.95

Front

What is the average retail price of a three-year-old hatchback with an average retail value of $16,750, adding $175 for tilt steering wheel, adding $800 for air-conditioning, deducting $550 for manual transmission, and deducting $450 for excessive mileage?

Back

$16,725

Front

One-year-old sedan. Average retail value is $19,100. Add $200 for CD player. Deduct $800 for no air-conditioning. Deduct $525 for excessive mileage. What is the average retail price?

Back

$17,975

Front

A student drove 9,500 miles in his car last year. Fixed costs totaled $1,215. Variable costs totaled $1,985. What is the total annual cost? What was the cost per mile? (Enter answer: $-----; $-----)

Back

$3,200.00; $0.34

Front

A salesperson drove 34,500 miles in her car last year. Fixed costs totaled $3,860. Variable costs totaled $3,940. What was the total annual cost? What was the cost per mile? (Enter answer: $-----; $-----)

Back

$7,800.00; $0.23

Front

Find the average retail price. Options: $15,696, $17,196, $17,192, $15,692

Back

$15,692