document.write( "Question 1176661: Find the annual operating cost to the nearest cent.
\n" ); document.write( "Original Cost:$17,500
\n" ); document.write( "Interest:7%
\n" ); document.write( "Depreciation:11%
\n" ); document.write( "Expenses:$1,400
\n" ); document.write( "Annual operating cost:?
\n" ); document.write( "
\n" ); document.write( "

Algebra.Com's Answer #850567 by CPhill(1959)\"\" \"About 
You can put this solution on YOUR website!
Here's how to calculate the annual operating cost:\r
\n" ); document.write( "\n" ); document.write( "1. **Calculate Interest Cost:**
\n" ); document.write( " * $17,500 * 0.07 = $1,225\r
\n" ); document.write( "\n" ); document.write( "2. **Calculate Depreciation Cost:**
\n" ); document.write( " * $17,500 * 0.11 = $1,925\r
\n" ); document.write( "\n" ); document.write( "3. **Calculate Total Annual Operating Cost:**
\n" ); document.write( " * $1,225 (interest) + $1,925 (depreciation) + $1,400 (expenses) = $4,550\r
\n" ); document.write( "\n" ); document.write( "Therefore, the annual operating cost is $4,550.00.
\n" ); document.write( "
\n" ); document.write( "
\n" );