Automobile Rental Company Cost Calculation

What is the equation for calculating the total cost of renting a car from an automobile rental company?

Equation for Total Cost Calculation:

The equation for calculating the total cost of renting a car from an automobile rental company is C = 26d + 0.06m, where C represents the total cost, 'd' represents the number of days, and 'm' represents the miles driven.

When renting a car from an automobile rental company, it is essential to understand how the total cost is calculated. In this scenario, the company charges $26 per day and an additional $0.06 per mile driven. By using the equation C = 26d + 0.06m, you can determine the total cost of the rental based on the number of days and miles driven.

For example, if you rent a car for 3 days and drive 100 miles, the total cost can be calculated as follows:

Total Cost = $26 * 3 days + $0.06 * 100 miles

Total Cost = $78 + $6

Total Cost = $84

Understanding this equation allows you to plan your budget effectively when renting a car. By inputting the number of days and miles into the equation, you can easily calculate the total cost of your rental to avoid any unexpected expenses.

← How receiving stock as a gift can make you a shareholder Effect of sales increase on net income calculation →