Car Rental Cost. To rent a car, the Acme Rental Company charges $39.95 per day plus $0.20 per mile. There is also a $20 surcharge if the car is rented at the airport. Let Y bethe total cost of a rental, X1 the number of days rented, and X2 the number of miles driven.a. If the car is rented from Acme at the airport, obtain the equation that expresses y in terms of x1 and x2b. What are the values of b0, b1, and b2?c. How much does the total cost change if a car is rented an additional day, but the mileage driven does not change?d. What is the cost of renting an Acme car for 5 days and driving 500 miles?

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Asked Jan 15, 2020
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Car Rental Cost. To rent a car, the Acme Rental Company charges $39.95 per day plus $0.20 per mile. There is also a $20 surcharge if the car is rented at the airport. Let Y bethe total cost of a rental, X1 the number of days rented, and X2 the number of miles driven.

a. If the car is rented from Acme at the airport, obtain the equation that expresses y in terms of x1 and x2

b. What are the values of b0, b1, and b2?

c. How much does the total cost change if a car is rented an additional day, but the mileage driven does not change?

d. What is the cost of renting an Acme car for 5 days and driving 500 miles? 

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Expert Answer

Step 1

a)

The general equation that expresses y in terms of x1 and x2 is, y=β0+β1x1+ β2x2.

Here, it is given that the car was rented from Acme at the airpo...

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