Finance Question 2

Question

Mr. and Mrs. Wagner are getting ready to drive across the USA from Philadelphia, PA to Los Angeles, CA in five days. The distance is approximately 3,000 miles. The average price of gasoline is about $2.70 per gallon. They plan to stay in a hotel for four nights and budget the cost of meals be about $40 per day per person. 

a) If their van averages 25 mpg, estimate the total cost of the gas for the trip. Round to the nearest whole number.

$

b) If the average cost of hotel stay per night is about $105 plus 18% hotel tax, determine the total cost for hotels for their trip. Round answer to the nearest whole number.

$

c) How much should they budget for the total cost of meals for their trip?

$

Answer 1

It's a trip if your trip is 3,000 miles in the car gets 25 miles per gallon it will take 3000 / 25 gallons of gas. If you multiply that by $2.70 per gallon that will come up with your gas budget.

If they're staying in hotels for nights in each hotel costs $105 plus an 18% t they will be spending $105 * 1.18 to the total cost four times so it would be 4 * 105 * 1.18

The last the last question is a little bit tricky. If they're going to need for nice and hotels that will be spending five days driving so they will need meals for 5 days at $40 per person that's $80 per person for five days so would be 80 * 5 which is $400 hope this helps