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.
Sep 2807:00 PM EDT
-10:00 PM EDT
Boost your GMAT score in less than one month in a live online class + 6 months access to TTP OnDemand video courses included! Class starts Mon, Tues, Wed, Thur, Fri Sept. 28, 2026 - Oct. 16, 2027, 7:00pm-10:00pm EST
Sep 2911:00 AM EDT
-01:00 PM EDT
" Description: Top scores are possible when you enroll in a powerful GMAT course, taught live online + 6 months access to TTP OnDemand video courses included! Class starts Tues/Thur Sept. 29, 2026 - Dec. 3, 2026, 11:00am-1:00pm EST
Oct 0107:00 AM BST
-08:00 AM GMT
Welcome to the GMAT Club's Free Interview Prep Event for Top MBA Programs! Buy tickets - Virtual series that’s all set to equip you to -excel in your MBA interviews.
Oct 0301:00 PM EDT
-04:00 PM EDT
Top scores are possible when you enroll in a powerful GMAT course, taught live online + 6 months access to TTP OnDemand video courses included! Class starts Saturdays Oct. 3, 2026 - Dec. 26, 2026, 1:00pm-4:00pm EST
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 482
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.
