Rental Cars A car rental agency rents compact, midsize, and luxury cars. Its goal is to purchase 90 carswith a total of $2,270,000 and to earn a daily rentalof $3150 from all the cars. The compact cars cost$18,000 each and earn $25 per day in rental, the midsize cars cost $25,000 each and earn $35 per day, andthe luxury cars cost $40,000 each and earn $55 perday. Find the number of each type of car the agencyshould purchase to meet its goal.
Rental Cars A car rental agency rents compact, midsize, and luxury cars. Its goal is to purchase 90 carswith a total of $2,270,000 and to earn a daily rentalof $3150 from all the cars. The compact cars cost$18,000 each and earn $25 per day in rental, the midsize cars cost $25,000 each and earn $35 per day, andthe luxury cars cost $40,000 each and earn $55 perday. Find the number of each type of car the agencyshould purchase to meet its goal.
Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter2: Systems Of Linear Equations
Section2.4: Applications
Problem 5EQ: 5. A coffee merchant sells three blends of coffee. A bag of the house blend contains 300 grams of...
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Rental Cars A car rental agency rents compact, midsize, and luxury cars. Its goal is to purchase 90 cars
with a total of $2,270,000 and to earn a daily rental
of $3150 from all the cars. The compact cars cost
$18,000 each and earn $25 per day in rental, the midsize cars cost $25,000 each and earn $35 per day, and
the luxury cars cost $40,000 each and earn $55 per
day. Find the number of each type of car the agency
should purchase to meet its goal.
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