Which of the following statements is true regarding Tim’s rental …

Mathematics Questions

Which of the following statements is true regarding Tim’s rental car situation? a. It would be cheaper to refuel the car and return it a day late. b. It would be cheaper to return the car on time and pay the refueling costs. c. It would cost about the same to return the car on time without gas or one day late with gas. d. Tim is not responsible for refueling the car upon return.

Short Answer

Tim should evaluate the costs of returning a rental car late with self-refueling versus returning it on time and paying the rental company’s refueling charges. After calculations, Option B (returning on time) is the cheaper option at $32.00 compared to Option A’s $47.54, making it the best choice.

Step-by-Step Solution

Step 1: Understand the Costs of Each Option

Before making a decision, Tim should clearly outline the costs associated with both options. Each option includes different refueling and rental charges. It’s crucial to calculate the total cost for both scenarios to see which one is cheaper:

  • Option A: Return late with self-refueling costs.
  • Option B: Return on time and pay the rental company’s refueling costs.

Step 2: Calculate the Total Costs

Next, Tim needs to calculate the exact amounts for each option. This involves determining how much fuel is needed and multiplying by the fuel price:

  • For Option A: 6 gallons at $2.59 per gallon plus a $32 rental fee results in a total of $47.54.
  • For Option B: 6 gallons at $4.50 per gallon plus a $5 refueling fee totals $32.00.

Step 3: Compare and Evaluate the Cheaper Option

After calculating the totals, Tim should compare the two totals to determine which option is less expensive. It’s essential to analyze the implications of each choice beyond just costs:

  • Option A’s total is $47.54.
  • Option B’s total is only $32.00, making it the more economical choice.

Therefore, returning the car on time and paying the refueling costs is the best choice for Tim.

Related Concepts

Costs

The expenses associated with each option that tim needs to evaluate in order to make an informed decision.

Total Costs

The final amount calculated for each option after considering both fuel and rental fees, which determines the overall price of each choice.

Compare Options

The process of analyzing and contrasting the total costs of each scenario to identify which one offers the best financial advantage.

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