Alejandro Yago leased a Jeep for $209.00 per month for 60 months. He paid a deposit of $850.00, a title fee of $45.00, and a license fee of $60.00. The lease carried a stipulation charging $0.12 per mile for all miles over 60,000. Alejandro drove the Jeep 73,524 miles. What is the total cost of leasing the vehicle?

$14,267.88

Explanation:

The total cost of hiring the Jeep will consist of

1).  Monthly costs of leasing:  $209 x 60 = $12,540

2). Title fee =$45.00

3). License fee =$60.00

4). Stipulation charging : ( 73,524 - 60,000) x $0.12

=$13,524 x $0.12

=$1,622.88

Total cost =$12,540 +$45.00 +$60.00 +$1,622.88

Total cost = $14,267.88

typically a loft will include modern kitchen and bathrooms, this increases the price tag. lofts also have a good amount of open space, this requires more heating and electricity. lofts are also in older buildings, this means that maintaining the location increases the bill. keep in mind this is without talking about the high state and property taxes.

i hope this you! : )