Oil Price Projections and Calculations

The video tutorial explains how to project the future cost of a gallon of oil given a 30% price increase. It starts by discussing the current price of oil per quart and then calculates the current price per gallon. The tutorial then projects the future price by applying the 30% increase, resulting in a final projected cost for a gallon of oil.

What is the projected percentage increase in oil prices by next April?

• 30%

• 25%

• 20%

• 35%

If one quart of oil costs $1.65, how many quarts are needed to make a gallon?

• 2 quarts

• 3 quarts

• 5 quarts

• 4 quarts

What is the current cost of a gallon of oil if one quart costs $1.65?

• $5.60

• $6.60

• $7.60

• $8.60

How much will the price of a gallon of oil increase by next April?

• $1.88

• $1.78

• $1.98

• $1.68

What is the projected cost of a gallon of oil by next April?

• $9.58

• $10.58

• $8.58

• $7.58