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24 Oct 2023, 09:07
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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)!
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Data Insights (DI) Butler 2023-24 [Question #66, Date: Oct-24-2023] [Click here for Details]
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
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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
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