There are two taxi cab companies in Redwood. Their charges are listed below.
Redwood Taxi
$2.00 for the first mile
plus
$1.00 for each additional mile
Max's Taxi Service
$5.00 for the first mile
plus
$0.50 for each additional mile
According to the graph below, for how many miles will the charges from both taxi cab companies be equal?
1. 8
2. 1
3. 7
4. 4