SOLUTION: The cost of driving a car includes both fixed costs and mileage costs. Assume that it costs $164.30 per month for insurance and car payments and $0.35 per mile for gasoline, oil,
Algebra.Com
Question 476271: The cost of driving a car includes both fixed costs and mileage costs. Assume that it costs $164.30 per month for insurance and car payments and $0.35 per mile for gasoline, oil, and routine maintenance.
(a). Find values for m and b so that y = mx + b models the monthly cost of driving the car x miles.
(b). What does the value of b represent?
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
= miles driven/month
= total monthly cost of driving car
= all fixed monthly costs that do not depend on the miles driven
---------------
given:
The equation is:
RELATED QUESTIONS
The cost of driving a car includes both fixed costs and mileage costs. Assume that it... (answered by solver91311)
The cost of driving a car includes both fixed costs and mileage costs. Assume that it... (answered by solver91311)
the cost of driving a car includes both fixed cost and mileage cost assume that it cost... (answered by stanbon)
Please help, I'm lost on how to solve this problem.
The cost of driving a car include... (answered by josgarithmetic)
The cost of driving a car includes both fixed costs and mileage costs. Assume that... (answered by jim_thompson5910)
The total tuition costs includes student fees fixed at $200 and per credit cost of $250... (answered by Boreal)
Oz Jeans ha factories in Mydney and Selbourne. At the Mydney factory fixed costs are... (answered by stanbon)
The Cookie Store sells cookies for 99 cents each. The store has monthly fixed costs of... (answered by ewatrrr)
Assume that a company has total annual fixed costs of $480,000 and that variable costs is (answered by nerdybill)