10
QuizMultiple Choice

Long Term Purchases

Question 10 • Financial Math B (MA402) '25

Megan’s TV had a base price of $189 and the sales tax was 6.88%. Over the next four years, the TV consumed an average of $0.06 of electricity every day. It also needed repairs twice, costing $29 each time. After four years, Megan got a new TV. What was the lifetime cost of Megan’s TV? (Remember that one in every four years is a leap year.) a. $357.68 b. $318.66 c. $347.66 d. $351.65 Please select the best answer from the choices provided

Answer
A
A
B
B
C
C
D
D
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Megan’s TV had a base price of $189 and the…