Events & Promotions
|
|
GMAT Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.
Customized
for You
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
May 2512:01 AM PDT
-11:59 PM PDT
On the 25th, GMAT Club Tests will be Free! Including all the Quizzes, Questions, and Tests. 12 AM - 11:59 PM PST
May 2110:00 AM EDT
-11:59 PM EDT
Make the most of your break with the most realistic GMAT™ prep. Take up to $700 off select products.
May 2211:00 AM EDT
-11:59 PM EDT
Take 30% off all study plans with code PICNIC - Expires on Monday, May 25th- Jun 10
06:00 AM PDT
-06:15 PM PDT
Register for the GMAT Club Virtual MBA Spotlight Fair – the world’s premier event for serious MBA candidates. This is your chance to hear directly from Admissions Directors at nearly every Top 30 MBA program..
24 Oct 2023, 09:07
Kudos
Bookmarks
Annual cost of Location A: $54,600
Annual cost of Location B: $57,600
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
5%
(low)
Question Stats:
98% (01:46) correct
2%
(01:57)
wrong
based on 438
sessions
History
Date
Time
Result
Not Attempted Yet
To facilitate plans for a second location, your business is considering two properties, both of which are available for lease. Location A requires a three-year lease with monthly payments of $2,750 and utilities of $1,800 per month. Location B is a two-year lease with monthly payments of $4,800, which include utilities. Calculate the annual cost of each location.
| Annual cost of Location A | Annual cost of Location B | |
| $18,200 | ||
| $19,200 | ||
| $28,800 | ||
| $33,000 | ||
| $54,600 | ||
| $57,600 |
ShowHide Answer
Official Answer
Annual cost of Location A: $54,600
Annual cost of Location B: $57,600
24 Oct 2023, 11:29
Kudos
Bookmarks
To facilitate plans for a second location, your business is considering two properties, both of which are available for lease. Location A requires a three-year lease with monthly payments of $2,750 and utilities of $1,800 per month. Location B is a two-year lease with monthly payments of $4,800, which include utilities. Calculate the annual cost of each location.
Location A
$2,750 + $1,800 = $4550
$4,550 x 12 = $ 54600
Location B
$4,800 x 12 = $ 57600
$ 54600 and $ 57600 are correct answers
Location A
$2,750 + $1,800 = $4550
$4,550 x 12 = $ 54600
Location B
$4,800 x 12 = $ 57600
$ 54600 and $ 57600 are correct answers
12 Nov 2024, 08:42
Kudos
Bookmarks
Automated notice from GMAT Club BumpBot:
A member just gave Kudos to this thread, showing it’s still useful. I’ve bumped it to the top so more people can benefit. Feel free to add your own questions or solutions.
This post was generated automatically.
A member just gave Kudos to this thread, showing it’s still useful. I’ve bumped it to the top so more people can benefit. Feel free to add your own questions or solutions.
This post was generated automatically.
