If a car is parked for 4 hours and 16 minutes, we can first convert this time to hours by dividing the total minutes by 60: 4 hours and 16 minutes = 4 + 16/60 = 4.27 hours For the first 2 hours of parking, the cost is at least $5. For the additional 2.27 hours of parking, we need to calculate the extra cost due to the hourly rate of $0.60 per hour. Since the hourly rate is charged for each additional hour of parking, we need to round up the 2.27 hours to 3 hours (since any part of an hour is rounded up to a full hour). Therefore, the extra cost for parking for an additional 3 hours is: 3 hours x $0.60/hour = $1.80 The total cost for parking the car for 4 hours and 16 minutes is: $5 (for the first 2 hours) + $1.80 (for the additional 3 hours) = $6.80 Therefore, the car owner needs to pay $6.80 for parking the car in the parking lot for 4 hours and 16 minutes.
