Question 10 of 20 > This quiz: Submit quiz This question: 1 point(s) possible Suppose that a certain car has the following average operating and ownership costs. Operating $0.28 a. If you drive 20,000 miles per year, what is total annual expense for this car? Average Costs per Mile Ownership $0.72 Total $1.00 b. If the total annual expense for this car is deposited at the end of each year into an IRA paying 8.2% compounded yearly, how much will be saved at the end of six years? Use the formula nt P A = -1 a. If you drive 20,000 miles per year, the total annual expense for this car is $ (Round to the nearest dollar as needed.) b. If the total annual expense for this car is deposited at the end of each year into an IRA paying 8.2% compounded yearly, the amount saved at the end of six years is $. (Round to the nearest dollar as needed.)