Question

arvin has leased a car with monthly payments of $250. if he exceeds the agreed mileage limit, he has to pay $0.24 for each additional mile. after the lease term, it was found that arvin went 558 miles over the limit. how much will arvin have to pay for the extra miles? $60.00 $133.92 $193.92 $1,339.20

Explanation:

Step1: Identify the cost per extra mile and the number of extra miles

The cost per additional mile is \$0.24, and the number of extra miles is 558.

Step2: Calculate the total cost for extra miles

To find the total cost, we multiply the cost per mile by the number of extra miles. So we use the formula: \(\text{Total Cost} = \text{Cost per mile} \times \text{Number of extra miles}\).
Substituting the values, we get \(\text{Total Cost} = 0.24\times558\).
Calculating \(0.24\times558\):
First, calculate \(24\times558 = 13392\).
Since \(0.24\) has two decimal places, we divide the result by 100 (or move the decimal point two places to the left). So \(13392\div100 = 133.92\).

Answer:

\$133.92