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Problem Title: Car Rentals

     
  Year: 2007      
  Student Level: High School      
  Source: HIMCM      
  Commentary: Yes (1)      
  Student Papers: Yes (1)      
     
  Problem  
 

Some people rent a car when they are going on a long trip. They are convinced they save money. Even if they do not save money, they feel that the knowledge that "if the car breaks down on the trip, the problem is the rental company's" makes the rental worth it. Analyze this situation and determine under what conditions renting a car is a more appropriate option. Determine mileage limits on one's own car and a break-even value of "ease of mind" for the driver and her family.

 
         
  Commentary      
 

Consortium Article

     
         
  Student Papers      
 

Consortium Article