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Keith_Richards [23]
3 years ago
10

Word problem help please

Mathematics
1 answer:
butalik [34]3 years ago
3 0

Answer:

C(M) = 0.65*M + 22.55

Step-by-step explanation:

We know that the cost to rent and drive for M miles is given by:

S(M) = 0.40*M + 17.75

And the insurance, also a function of M, is given by:

I(M) = 0.25*M + 4.80

We want to find the equation of the total cost for a rental that includes insurance.

This would be just the sum of the two above functions:

C(M) = S(M) + I(M)

C(M) = (0.40*M + 17.75) + (0.25*M + 4.80)

Now we just need to simplify this:

Taking M as a common factor, we get:

C(M) = (0.40 + 0.25)*M + 17.75 + 4.80

C(M) = 0.65*M + 22.55

Then the total cost equation, as a function of M, is given by:

C(M) = 0.65*M + 22.55

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Answer:

The amount of money that should be invested at the rate of 5.25% is $12,000 and the amount money that should be invested at the rate of 4% is $13,000

Step-by-step explanation:

we know that

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in this problem we have

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therefore

The amount of money that should be invested at the rate of 5.25% is $12,000 and the amount money that should be invested at the rate of 4% is $13,000

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