Steve Johnson has decided to lease a vehicle as opposed to purchasing it.The lease agreement calls for a monthly payment of $400.Any mile driven above 1,000 per month will cost an additional $.10 per mile.If Steve drives 1,240 miles in the month of January his total cost will be:
A)$400
B)$640
C)$524
D)$424

Question

Quizplus · Accepted Answer

Steve drove 240 miles over the 1,000-mile limit. At $.10 per extra mile, that's 240 miles * $.10 = $24. Adding this to the base lease payment of $400 gives a total of $424.

Steve Johnson Has Decided to Lease a Vehicle as Opposed