Mathematics
Mathematics, 06.05.2020 09:04, AmbitiousAndProud

Suppose you are trying to decide whether to buy snowboard equipment. Typically, it costs you $60 a day to rent snowboard equipment and buy a lift ticket. You can buy snowboarding equipment for about $400. A lift ticket alone is $35 for one day.

a.) Find the break-even point (how many days renting and buying will be the same amount?)
b.) If you expect to snowboard five days a year, should you buy the snowboarding equipment? Explain your answer.

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Answers: 2

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