o: thilo rents a 16-foot moving truck from Henderson\'s Moving Company who assur
ID: 2450609 • Letter: O
Question
o: thilo rents a 16-foot moving truck from Henderson's Moving Company who assures him s, the truck costs $2999 a day plus $0.79 per 6. Pablo their trucks a mile. On weeker re second to none. On weekday s on weekends, the truck costs $4999 a day plus $0.99 per mile. Pablo chooses move on Wednesda full day's use out of it and only needs a one-day collision waiver. Pablo drives the truck 15 miles from the pickup location y. By picking up the truck in the morning at 5 o'clock, he is able to get a chooses not to buy the optional to his old house rental. He tion ter loading the truck, Pablo drives 5 miles to his new hou three loads for Pablo t miles from his new house to return the truck. During the move, Pablo spei gasoline. What is Pablo's total cost for his use of the moving truck? Note: Keep in min as Pablo brings each load from his old house to the new one, he has to drive the distance to the old house for the next load (except after the last load w old house, so he just returns the truck straight from the new house). se where he unloads. It requires to move all of his belongings. After the final unload, Pablo drives 12 nds $28.00 on d that one, he has to drive the distance back hen there is nothing left at the 7. Maxwell and Joan Edison want to purchase a new home that is large enough for each of their daughters, Rose and Valerie, to have her own room. Currently the girls share a room. T find the perfect place, and their offer to buy it for 10% less than the $310,000 asking price is accepted. They put 25% down and acquire a 6.00% 30-year mortgage. What is the tota interest Maxwell and Joan will be charged? Note: Start by finding the price they are paying for the home. hey Length of Loan in Yea 5.00% 6.00% 7,00% 8.00% 10 10.61 11.10 $11.61 12.1 20 $6.60 $7.16 $7.75 30 $5.37 $6.00 2328Explanation / Answer
6) weekdays 29.99 a day .79 per mile Weekend 49.99 a day .99 per mile Wednesday Miles Amt in $ one day rent 29.99 location to old house 15 old house to new house(both sides)=5*5 25 new house to location 12 TOTAL kilometer 52 Cost of kilometer 52*.79 41.08 gasoline 28 TOTAL COST 99.07 Note: it is assumed that the gasoline cost is borne by pablo 7) Asking price 310,000 Discount - 10% (31,000) price of home 279,000 down payment -25% 69,750 Loan Amount 209,250 interest amount 1,255,500 TOTAL Interest 234,772
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