Solve.
-Find the total monthly cost of owning and maintaining a car given the information shown.
Monthly car payment: $315.58
Monthly insurance cost: $63.70
Average cost of gasoline per month: $112.50
Average maintenance cost per month: $18.50
A)$520.28
B)$510.18
C)$510.28
D)$511.28

Question

Solve.
-Find the total monthly cost of owning and maintaining a car given the information shown.
 Monthly car payment: $315.58
Monthly insurance cost: $63.70
Average cost of gasoline per month: $112.50
Average maintenance cost per month: $18.50
A)$520.28
B)$510.18
C)$510.28
D)$511.28

Quizplus · Accepted Answer

The total monthly cost of owning and maintaining a car can be found by adding up the monthly car payment, monthly insurance cost, average cost of gasoline per month and average maintenance cost per month.
Total monthly cost = Monthly car payment + Monthly insurance cost + Average cost of gasoline per month + Average maintenance cost per month
Total monthly cost = $315.58 + $63.70 + $112.50 + $18.50
Total monthly cost = $510.28
Therefore, the best choice is C) $510.28. To find the total monthly cost, we need to add up all the given costs:

$315.58 (car payment) + $63.70 (insurance) + $112.50 (gasoline) + $18.50 (maintenance) = $510.28

Therefore, the answer is choice C.

Solve. -Find the Total Monthly Cost of Owning and Maintaining a a Car