asked 95.6k views
3 votes
Luis leases a BMW for 4 years at $475.86 a month. What total will he spend on his lease?

asked
User Dastrobu
by
7.7k points

1 Answer

6 votes

Answer: Luis will spend a total of $22,868.48 on his lease.

Step-by-step explanation: To calculate the total cost of Luis's lease, we need to multiply the monthly cost by the number of months in the lease:

Total cost = monthly cost x number of months

The number of months in 4 years is 4 x 12 = 48 months.

Therefore, the total cost of Luis's lease is:

Total cost = $475.86/month x 48 months

Total cost = $22,868.48

So Luis will spend a total of $22,868.48 on his lease.

answered
User Venkatesh A
by
8.0k points
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