Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Science-Related Homework Help Mathematics
New Topic  
shaerovira shaerovira
wrote...
Go to Answer
Posts: 488
Rep: 17 0
4 years ago
The table shows the expense of operating and owning four selected cars, by average costs per mile. Use the appropriate information in the table to solve the problem.

Average Annual Costs of Owning and Operating a Car for Selected Cars

Average Costs Per Mile


(a) If you drive 20,000 miles per year, what is the total annual expense for Car B?
(b) If the total annual expense for Car B is deposited at the end of each year into an IRA paying 8.4% compounded yearly, how much will be saved at the end of five years? Round your answer to the nearest dollar, if necessary.

▸ (a) $28,986; (b) $330,060

▸ (a) $13,800; (b) $11,226,581

▸ (a) $13,800; (b) $81,607

▸ (a) $28,986; (b) $1,024,623
Textbook 
Thinking Mathematically

Thinking Mathematically


Edition: 6th
Author:
Read 132 times
2 Replies
Replies
Answer verified by a subject expert
JaxJax
wrote...
#1
Posts: 369
Rep: 63 0
4 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Anonymous
wrote...
#2
4 months ago
Help! The answer is missing an explanation...
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1267 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 315
  
 320
  
 917
Your Opinion
Which of the following is the best resource to supplement your studies:
Votes: 292
Previous poll results: What's your favorite coffee beverage?