what is the total cost of renting a car with the terms shown in the table for 2 days?\ncar rental…

what is the total cost of renting a car with the terms shown in the table for 2 days?\ncar rental terms\ndaily rate $60.00\nrelocation fee $20.00\nrefueling fee $10.00\nfuel cost $50.00\nairport fee $25.00\nsales tax 6%\nround to the nearest cent.

what is the total cost of renting a car with the terms shown in the table for 2 days?\ncar rental terms\ndaily rate $60.00\nrelocation fee $20.00\nrefueling fee $10.00\nfuel cost $50.00\nairport fee $25.00\nsales tax 6%\nround to the nearest cent.

Answer

Explanation:

Step1: Calculate the cost of daily rent

The daily rate is ( $60.00). For (2) days, the cost is (60\times2=$120).

Step2: Sum up the fixed - fee charges (excluding sales tax)

The fixed - fee charges are relocation fee (($20)), refueling fee (($10)), fuel cost (($50)), and airport fee (($25)). The sum of these is (20 + 10+50 + 25=$105).

Step3: Calculate the subtotal before tax

Add the daily - rent cost and the sum of fixed - fee charges (excluding tax). The subtotal (S) is (120+105=$225).

Step4: Calculate the sales tax

The sales tax rate is (6%=0.06). The sales tax amount (T) is (S\times0.06), so (T = 225\times0.06=$13.5).

Step5: Calculate the total cost

The total cost (C) is the sum of the subtotal and the sales tax. So (C=225 + 13.5=$238.50).

Answer:

(238.50)