SOLUTION: Veronica hires out surfboards on a popular surf beach. She charges an hourly rate of $3.50 for the first hour, $5.50 per hour for the next two hours, $7.50 for each hour after thre

Algebra ->  Finance -> SOLUTION: Veronica hires out surfboards on a popular surf beach. She charges an hourly rate of $3.50 for the first hour, $5.50 per hour for the next two hours, $7.50 for each hour after thre      Log On


   

Question 896674: Veronica hires out surfboards on a popular surf beach. She charges an hourly rate of $3.50 for the first hour, $5.50 per hour for the next two hours, $7.50 for each hour after three hours for a total of 6 hours. Less than one hour rates are charged at $4.00 per half hour. She also offers a daily rate of $25.
a. Gerald wants to hire a surfboard for 4 12 hours. Which option would be the most cost efficient?
Answer by Theo(13342) About Me  (Show Source):
You can put this solution on YOUR website!
daily rate looks like the best bet.

that's equal to 25.00

paying by the hour gets:

hour 1 = 3.5
hour 2 = 5.5
hour 3 = 5.5
hour 4 = 7.5
half hour = 4.0

total = 26.00

25 is less than 26
daily rate is cheaper.
he can keep the board as long as he want for the rest of the day.