auto test reviewlhale.weebly.com/uploads/2/2/8/8/22883184/auto_test_review_solutions.pdf1.) rico...

Auto Test Review

Test Info

• 25 calculation questions

• 15 vocab questions

• 1 written response (? – to be decided)

1.) Rico Estefan is interested in buying a new economy car. The base price for this car is $21,560. Factory-installed options, including dual mirrors, a compact disc player, and passenger-side air bags, totaling $2,450.67. The destination charge is $352.00. What is the sticker price for this car?

2.) While researching what they should offer to pay for a new car, Calvin Stuart and his wife found that the dealer paid 95 percent of the car’s $18,900.00 base price and 85 percent of its $2,115.00 option’s price. The car’s destination charge is $490.00. What is the dealer’s cost?

3.) You find out that Finday VW only pays 89% of the base price and 94% of the options prices for its vehicles. If the Jetta you are interested in has a base MSRP of $23,565 with $2,222 worth of options installed and a destination charge of $750, how much will you pay for this car if you offer the dealer $1,000 above what they paid and then are charged 7.5% in sales tax?

4.) You find out that Jim Marsh Kia only pays 91% of the base price and 75% of the options prices for its vehicles. If the Jetta you are interested in has a base MSRP of $13,565 with $1,450 worth of options installed and a destination charge of $640, how much will you pay for this car if you offer the dealer 10% above what they paid and then are charged 6.5% in sales tax?

5.) Kendrick Banneker is leasing a new car. He has 36 monthly payments of $355. He made a $3,800 deposit, and paid a $90 license fee and a $110 title fee. What is the total lease cost?

6.) V6 Sedan 4-Door with A/C, alloy wheels, CD player, and cloth seats.

7.) V6 Sedan 4-Door without A/C, steel wheels, leather seats and no CD player.

8.) Ciana drove her car 11,500 miles last year. Her insurance and registration costs totaled $1,214 and her tires and gas costs totaled $2,450. What was her cost per mile?

9.) Daja drove 12,421 miles in her coupe last year. Her fixed costs totaled $1,750 and her variable costs totaled $2,403. What was her cost per mile?

10.) The last time Josh’s truck tank was filled, the odometer reading was 9,234 miles. He ran out of gas and had to be towed to the gas station. The odometer reading was 9,656. It took 20 gallons to fill the tank. What was Josh’s average gas mileage for this trip?

11.) Brayan filled up his tank for the week. If the tank of gas cost him $37.98 and gas sold for $2.98/gallon, what is Brayan’s free-way gas mileage if he drove 314 miles on this tank?

12.) Viviana’s insurance policy has coverage up to 50/100 for bodily injury and $100,000 property damage and she he only has collision coverage for her vehicle, which is in age group C & insurance-rating group 15. If Viviana’s driver-rating factor is 1.9, what is her annual premium? Monthly?

13.) Hailey’s insurance policy has coverage up to 300/300 for bodily injury and $50,000 property damage and in addition to that she only has comprehensive coverage for her vehicle, which is in age group B & insurance-rating group 13. If DeMarco’s driver-rating factor is 0.6, what is herseim-annual premium? Quarterlypremium?

14.) Rhonda Lindsay rented a car for four days at $40 per day, plus $0.20 per mile. She purchased the collision deductible for $10 per day and paid $34 for gasoline to cover the 480 miles she drove. What was her total cost to rent the car?

15.) Alexa rented a car for 2 days at $29.95 per day, plus $0.18 per mile. She purchased the loss/damage waiver for $12 per day and paid $65.54 for gasoline to cover the 525 miles she drove. What was her total cost per mile for this car rental?