Explanation Formula for calculation of total cost: y = 103.47 + 0.39 × x Here, y is the total cost for full-size rental and x is the mileage or distance driven per mile. And, y = 0.63 × x Here, y is the total cost for driving your own car and x is the mileage or distance driven per mile. Here it is asked what should be the number of miles driven so that the total costs would be just the same for renting and driving. This can be found by equating the above two equations. 0.63 x = 103.47 + 0.39 x 0.24 x = 103.47 x = 103.47 0.24 x = 431.125 So, the number of miles for which the total cost of renting and driving would be same is 431.125 miles. Now calculate the value of Total cost substitute the different values of x given in the first column in the above two expressions for total costs incurred by renting and driving. Doing that the table is filled as: Distance driven (mi) Full size rental: Total Cost Driving own car: Total Cost 0 $ 103.47 $ 0.00 100 $ 103.47 + 0.39 × 100 = $ 142.47 $ 0.63 × 100 = $ 63 200 $ 103

1st Edition

ISBN: 9781259218859

Author: David Sobecki Professor, Brian A. Mercer

Publisher: McGraw-Hill Education

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Chapter 2.8, Problem 9G

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Whether there exist a number for which the number of miles for which the total costs for renting and driving the car would be same, also find the value.

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Chapter 2.8, Problem 8G

Chapter 2.8, Problem 10G

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Whether there exist a number for which the number of miles for which the total costs for renting and driving the car would be same, also find the value.

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Whether there exist a number for which the number of miles for which the total costs for renting and driving the car would be same, also find the value.

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