Question

A car rental company has two rates. The first rate is $45 per day plus 29.5 CENTS per mile. The second rate is $90 per day plus $.07 per mile. If you rented at the $90 rate, how many miles would you need to drive to break even?

Answer 1

To break even between the two rates, you would need to drive 200 miles.

Step-by-step explanation:

To calculate the break-even point, we need to equate the costs of the two rates. Let's assume the number of miles driven is 'm'. For the first rate, the cost is $45 per day plus 29.5 cents per mile. For the second rate, the cost is $90 per day plus 7 cents per mile.

Setting up the equation:

45 + 0.295m = 90 + 0.07m

Simplifying the equation:

0.225m = 45

Dividing both sides by 0.225:

m = 200

Therefore, you would need to drive 200 miles to break even.

Answer 2

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Step-by-step explanation:

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