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25 August, 06:10

The cost of a parking permit consists of a one time administration fee plus a monthly fee. A per I purchased for 12 months costs $660. A permit purchased for 15 months costs $810. What is the administration fee?

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  1. 25 August, 07:35
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    Costs $60.

    The difference between 12 months and 15 months is 3 months.

    3 months for $150 without administration fee.

    Because administration fee was paid at first of 12 months permit.

    $50 for one month.

    Now multiply 12 months by $50 you will get $600.

    The remaining $60 is the administration fee.
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