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If you pay $20.34 each month for your cell phone for two years, how much is the total cost of your cell phone? Round your answer to the nearest hundredth.

Question

If you pay $20.34 each month for your cell phone for two years, how much is the total cost of your cell phone? Round your answer to the nearest hundredth.

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Solution

To calculate the total cost of your cell phone over two years, you need to multiply the monthly cost by the number of months in two years.

Step 1: Identify the monthly cost and the number of months in two years. The monthly cost is $20.34 and there are 24 months in two years.

Step 2: Multiply the monthly cost by the number of months. 20.3424=20.34 * 24 = 488.16

So, the total cost of your cell phone over two years is $488.16.

This problem has been solved

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