Business Studies, asked by Alainishak, 10 months ago

It costs you $22.25 per day to rent a car in New York City. In addition, you have to pay 16 cents for every mile you travel. How much would it cost to rent a car for five days given that you used the car for 418 miles? (Round your final answer to the nearest hundredth

Answers

Answered by madeducators2
0

Total cost of Renting the car would be $178.13

Explanation:

Calculation of Total cost of renting the car

The total cost of renting the car in New York City can be calculated as given below:

Fixed cost of renting the car per day = $22.25

Total Fixed cost of renting the car for 5 days = \$22.25 \times 5

                                                                          = $111.25

Cost incurred on travelling one mile = $0.16

Cost incurred for travelling 418 miles = 418 \times \$0.16

                                                              = $66.88

Therefore,Total cost of Renting the car = Fixed cost for 5 days + Cost incurred on travelling 418 miles

Total Rent of car for 5 days = \$111.25+ \$66.88  

                                               = $178.13

Therefore,Total cost of renting the car for 5 days would be $178.13.

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