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A group of five will rent a car for a spring break trip and divide the costs associated with the car among them. The rental costs $480 for the week. Insurance is an additional $175, they estimated they’ll use 120 gallons of gas, and gas costs around $2.80 per gallon. Estimate how much each friend will pay for the cost associated with the car

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Solution:

Given:

[tex]\begin{gathered} car\text{ rental cost}=\text{ \$}480 \\ Insurance=\text{ \$}175 \\ Gas=120\times2.80=\text{ \$}336 \end{gathered}[/tex]

Thus, the total cost associated with the car is;

[tex]480+175+336=\text{ \$}991[/tex]

Each friend will pay;

[tex]\frac{991}{5}=\text{ \$}198.20[/tex]

Therefore, each friend will pay $198.20