I need to rent a car for my upcoming trip. Rent-A-Gem charges $20.25 per day plus 14 cents per mile. Super Saver Rentals charges $18.25 per day plus 22 cents per mile. At first glance it looks as if I should go with Super Saver Rentals. Still, I'm concerned about the per-mile charge because I plan to do a lot of driving during all three days of my trip.
- Which company should I use?
- How many miles would I have to drive to make the cost of renting a car from Rent-A-Gem the same as the cost of renting a car from Super Saver Rentals?
This took a bit for you to get started on, but you did a beautiful job. Make sure to keep in mind that you have three tools that will come in handy for many of these problems. Many of you choose to make a table here, but struggled with what the headings were and what kind of a scale to use. Excel seemed to help with some of those concerns.
Solution:
Super Saver Rentals is cheaper if I'm only driving a few miles, but Rent-A-Gem is cheaper if I'm going to be driving a lot of miles, at 75 miles the two costs are equal for both companies. I have included the tables that you sent to illustrate your points. They are listed below.
Ms. L.