document.write( "Question 1176661: Find the annual operating cost to the nearest cent.
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document.write( "Original Cost:$17,500
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document.write( "Interest:7%
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document.write( "Depreciation:11%
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document.write( "Expenses:$1,400
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document.write( "Annual operating cost:?
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Algebra.Com's Answer #850567 by CPhill(1959)![]() ![]() 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( " |