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Daniel is considering a lease with a mileage limitation. The mileage limitation for the lease is 11200 miles per year with a penalty of 8

Daniel is considering a lease with a mileage limitation. The mileage limitation for the lease is 11200 miles per year with a penalty of 8 cents per excess mile. Calculate his penalty for excess mileage in the first year if he drives 16400 miles?

$1728

$416

$1312

$896

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