document.write( "Question 337215: During the four years that Mrs Lopez owned her car, she found that her total car expenses were $18000. Fuel and maintenance costs accounted for 1/3 of the total and depreciation accounted for 3/5 of the remainder. The cost of insurance was 3 times the cost of financing, and together these two costs accounted for 1/5 of the total. If the only expenses were taxes and licence fees, then the total cost of financing was how much more or less than the cost of taxes and licence fees? \r
\n" );
document.write( "
\n" );
document.write( "\n" );
document.write( "$300 less is supposed to be the right answer, but I am getting $600 less. Can you please explain...\r
\n" );
document.write( "\n" );
document.write( "Thank you \n" );
document.write( "
Algebra.Com's Answer #241775 by solver91311(24713) You can put this solution on YOUR website! \r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Fuel/Maint is one-third of total: 1/3 times 18000 = 6000 \n" ); document.write( "Depreciation is 3/5 of remainder: 3/5 times 12000 = 7200 \n" ); document.write( "Finance/Insurance 1/5 of total: 1/5 times 18000 = 3600\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "6000 + 7200 + 3600 = 16800\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "18000 - 16800 = 1200\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Ins = 3 times Fin, so F + I = 4 F = 3600, so F = 900 which is 300 less than 1200\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "John \n" ); document.write( " \n" ); document.write( "My calculator said it, I believe it, that settles it \n" ); document.write( " ![]() \n" ); document.write( " \n" ); document.write( " |