Question

1. Teresa Spaulding leased'a pickup truck for use in her landscapebusiness. She paid $190 per month for 60 months. She also pasaa deposit of $1,000, a title fee of $90, and a license fee of $126.What is the total lease cost?

Answer 1

The total lease cost can be calculated by adding the payment for each month, the deposit, the license fee and the title fee

`\begin{gathered} 60\cdot190+1000+90+126 \\ 54000+1000+90+126 \\ 6616 \end{gathered}`

the total lease cost will be $6616