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matrenka [14]
3 years ago
14

Oil prices are projected to increase by 75% by next May. A quart of oil currently costs $2.15. What is the projected cost of a g

allon of oil next May? Round your answer to the nearest hundredth.
Mathematics
2 answers:
Mariana [72]3 years ago
8 0

Answer:

15.05

Step-by-step explanation:

slamgirl [31]3 years ago
5 0

Answer:

Future cost per gallon= $15.05

Step-by-step explanation:

Giving the following information:

Oil prices are projected to increase by 75% by next May. A quart of oil currently costs $2.15.

We know that 1 quart equals 0.25 gallons.

<u>First, we will determine the actual cost per gallon.</u>

Actual cost per gallon= 2.15*4= $8.6

<u>Now, the cost for May:</u>

Future cost per gallon= 8.6*1.75

Future cost per gallon= $15.05

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