Answer:
See the solution process below:
Step-by-step explanation:
The formula for solving this problem is:
c
=
f
+
(
r
⋅
m
)
Where:
c
is the total cost - $750 for this problem
f
is the fixed cost - $700 for this problem
r
is the variable rate cost - $0.15 per mile for this problem
m
is the number of miles traveled - what we are solving for in this problem.
Substituting and solving for
m
gives:
$
750
=
$
700
+
(
$
0.15
m
i
⋅
m
)
−
$
700
+
$
750
=
−
$
700
+
$
700
+
(
$
0.15
m
i
⋅
m
)
$
50
=
0
+
(
$
0.15
m
i
⋅
m
)
$
50
=
$
0.15
m
i
⋅
m
m
i
$
0.15
⋅
$
50
=
m
i
$
0.15
⋅
$
0.15
m
i
⋅
m
m
i
$
0.15
⋅
$
50
=
m
i
$
0.15
⋅
$
0.15
m
i
⋅
m
50
0.15
m
i
=
m
333
m
i
=
m
For $750 the limo can travel 333 miles rounded to the nearest mile.