contestada

Einstein Office Equipment has a rental plan for office machines. A fax machine that lists for $722.98 can be rented for 22% of the price annually. The state imposes a usage charge of 3.2%. If Stephen Hawking Travel decides to rent the fax machine, what will its total monthly rental charge be?

Respuesta :

TaeKwonDoIsDead

Answer:

$13.68


Step-by-step explanation:

Assuming they rent for 1 year, the cost is broken down as follows:


Annual renting cost = 22% of 722.98 = [tex]\frac{22}{100}*722.98=0.22*722.98=159.06[/tex]


Usage charge = 3.2% of 159.06 = [tex]\frac{3.2}{100}*159.06=0.032*159.06=5.09[/tex]

Thus,

Total annual charge = Annual renting cost + Usage charge = 159.06 + 5.09 =164.15


Monthly rental charge would be 164.15 divided by 12 (12 months in 1 year):

[tex]\frac{164.15}{12}=13.68[/tex] dollars

alinakincsem

Answer:

$13.68

Step-by-step explanation:

We know that the fax machine which costs for $722.98 can be rented for 22% of the price annually.

So annual rent of fax machine = 22% of  $722.98

[tex]=\frac{22}{100}[/tex] × [tex]722.98 = [/tex] $159.06

Tax on the rent = 3.2% of $159.06

[tex]=\frac{3.2}{100}[/tex] × [tex]159.05 =[/tex] $5.09

Total rent including tax = $159.06 + $5.09 = $164.15

Monthly rent for fax machine = $164.15/12 = $13.68

Otras preguntas