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Help with a math problem! i have to write an equation for the cost "C" of operating this equipment for t hours?
A contractor purchases a piece of equipment for $36,500 that uses an average of $9.25 per hour for fuel and maintenance. The equipment operator is paid $ 13.50 per hour and customers are charged $ 30 per hour.
1 Answer
- SeanLv 41 decade agoFavorite Answer
c=(13.50+9.25)t
Since you didn't give us a lifetime expectancy of the equipment, I presume it isn't amortized.
How much for customers are charged has nothing to do with the cost of operation. This only has to do with profit.