Question

You lease a car at $395 per month for 3 years. Estimate the total cost of the lease by rounding the monthly payment to the nearest hundred.

The total cost of the lease is approximately $____

Answer 1

The lease will cost $14,220 for 36 months at $395 a month

Answer 2

approximately $14,400. Explanation: it's asking to round up to the nearest hundred so it is $400 a month for 3 years. you multiply the $400 dollars by 12 and you get $4,800 which is how much it cost for 1 year then multiply that by 3 to get the amount of the 3 years of payment and that equals $14,400