The annual fixed costs of owning a small sedan are 4401 assu
The annual fixed costs of owning a small sedan are $4401 assuming the car is completely paid for. The cost to drive the car is approximately $0.14
per mile. Write a linear equation that relates the cost C and the number x of miles driven annually.
Solution
Fixed cost = $4401.
Let x= number of miles the car driven anually
Hence cost to drive x miles= $0.14x
Therefore total cost = fixed cost + cost to drive x miles
=> C(x) = 0.14x+ 4401

