A local truck rental agency advertises the following offer f
A local truck rental agency advertises the following offer for a medium size truck: flat fee of $30 plus $12.95 per day plus 12 cents per mile. Determine your cost to rent such a truck for 6 days if you plan to drive it a total of 660 miles. Express your answer in dollars accurate to the nearest cent. Do not enter a dollar sign.
Solution
Company charges for advertisement the following rates
Flat fees = $ 30.00
Charges per day = $ 12.95
Charges per mile = 12 cent = $ 0.12
Truck is hired for 6 days and will travel a distance of 660 miles.
Cost for hiring truck for 6 days = 6 * 12.95 = $ 77.70
Charges for driving 660 miles = 660 * 0.12 = $ 79.20
Total cost = 30 + 77.70 + 79.20 = $ 186.90
