7. Dan leased a Ford truck for three years by paying $4000 up front and payments of $185 per month. The lease stipulated he would be charged $0.15/mile for any mileage in excess of 36,000. When he returned the truck at the end of the lease, it had 39,221 miles on it. What was the total cost of the lease?

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter14: Sequences And Mathematical Induction
Section14.3: Another Look At Problem Solving
Problem 30PS
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7. Dan leased a Ford truck for three years by paying $4000 up front and payments of $185 per month. The
lease stipulated he would be charged $0.15/mile for any mileage in excess of 36,000. When he returned
the truck at the end of the lease, it had 39,221 miles on it. What was the total cost of the lease?
Applied Mathematics, Fourth Edition
Transcribed Image Text:7. Dan leased a Ford truck for three years by paying $4000 up front and payments of $185 per month. The lease stipulated he would be charged $0.15/mile for any mileage in excess of 36,000. When he returned the truck at the end of the lease, it had 39,221 miles on it. What was the total cost of the lease? Applied Mathematics, Fourth Edition
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