A rental truck costs $49.95+$0.59 per mile and another costs $39.95 plus $0.99, set up an equation t

Discussion in 'Calculator Requests' started by math_celebrity, Oct 25, 2018.

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  1. math_celebrity

    math_celebrity Administrator Staff Member

    A rental truck costs $49.95+$0.59 per mile and another costs $39.95 plus $0.99, set up an equation to determine the break even point?

    Set up the cost functions for Rental Truck 1 (R1) and Rental Truck 2 (R2) where m is the number of miles
    R1(m) = 0.59m + 49.95

    R2(m) = 0.99m + 39.95

    Break even is when we set the cost functions equal to one another:
    0.59m + 49.95 = 0.99m + 39.95

    Typing this equation into the search engine, we get m = 25.
     
    math_celebrity, Oct 25, 2018
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