## Related questions with answers

Question

**A camcorder can be rented for $35 a day, or$125 a week. You need it for 6 days .**

If you could buy the camcorder for $1,089, how long would it take, to the nearest tenth of a week, for the weekly rental charges to equal or exceed the purchase price?

Solutions

VerifiedSolution A

Solution B

Answered 1 year ago

Step 1

1 of 4For this exercise, we find out how many weeks (to the nearest tenth) are needed for the renting cost to equal the price of a camcorder. We can buy the camcorder for $\$1,089$ while we can rent it for $\$125$ a week.

*What mathematical operation do we use to calculate the number of weeks till breakeven?*

Step 1

1 of 2$\$1,089\div \$125=8.7$

The number of weeks is the total price divided by the weekly price.

## Create a free account to view solutions

By signing up, you accept Quizlet's Terms of Service and Privacy Policy

## Create a free account to view solutions

By signing up, you accept Quizlet's Terms of Service and Privacy Policy

## Recommended textbook solutions

#### Statistical Techniques in Business and Economics

15th Edition•ISBN: 9780073401805 (11 more)Douglas A. Lind, Samuel A. Wathen, William G. Marchal1,236 solutions

#### Financial Algebra

1st Edition•ISBN: 9780538449670 (1 more)Richard Sgroi, Robert Gerver2,606 solutions

#### Financial Algebra: Advanced Algebra with Financial Applications

2nd Edition•ISBN: 9781337271790Richard Sgroi, Robert Gerver3,016 solutions

## More related questions

1/4

1/7