The monthly interest rate charge is $165.  The total principal payment you are making is $367.10+$165.00=$532.10
        
                    
             
        
        
        
1/4+1/4+1/4+1/4+1/4+1/4+<span>1/4+1/4 = 8 Miles
1/4+1/4 = 1/2 Mile
1/2+1/2 = 1 Mile
1+1 = 2 Miles</span>
        
                    
             
        
        
        
None or true
That’s not possible
        
                    
             
        
        
        
Answer: 19.4
Step-by-step explanation:
Given
Profit is given in terms of the selling price

to get the maximum price, differentiate y w.r.t x

Put  
 to get maximum value

Thus, the company must sell it at 19.4