He will be charged for 551 miles.
30283-29582=701 miles traveled in the rental vehicle.
150 of those miles are free; 701-150 = 551 miles he will be charged for.
12 can go into 648 54 times. :)
5.12% means
5.12/100 = 0.0512 (each year)
PreOwned Vehicle Cost = 31,100
For 5 years simple interest, the value would be:
31100 * 0.0512 * 5 = $7961.6
Total have to pay: 31,100 + 7961.6 = $39,061.6
point, line, plane............................