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,
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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
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given:
The equation is:
