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.
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.