Solve the problem.
-A car rental company has two rental rates. Rate 1 is $\$ 64$ per day plus $\$ .16$ per mile. Rate 2 is $\$ 128$ per day plus $\$ .08$ per mile. If you plan to rent for one week, how many miles would you need to drive to pay less by taking Rate 2 ?

Question

Quizplus · Accepted Answer

To find the break-even point, set the total costs of both rates equal to each other and solve for the number of miles (m). For one week (7 days), the equations are:$$64(7) + 0.16m = 128(7) + 0.08m$$$$448 + 0.16m = 896 + 0.08m$$$$0.08m = 448$$$$m = 5600$$You need to drive more than 5600 miles for Rate 2 to be the cheaper option.

Solve the Problem $64\$ 64$64 Per Day Plus $.16\$ .16$.16 Per Mile Rate 2 Is

Solve the Problem $\$ 64$ Per Day Plus $\$ .16$ Per Mile Rate 2 Is