Solve. -Gary Has a Budget of $1930 to Rent a Computer

question 158

Multiple Choice

Solve.
-Gary has a budget of $1930 to rent a computer for his company office. The computer company he wants to rent from charges $250 for installation and service as a one-time fee. Then they charge $105 per month rental for the
Computer. How many months will Gary be able to rent a computer with this budget?

• A)21 months
• B)14 months
• C)18 months
• D)16 months

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Definitions:

Production Volume

The total quantity of products manufactured during a specific period.

Fixed Component

A cost or value that remains unchanged regardless of the level of output or activity, such as rent or salaried wages.

Mixed Cost

A cost that contains both variable and fixed cost elements, changing in total with changes in activity level but not in the same proportion.

Electrical Cost

The financial outlay for electricity usage, often a significant part of operational expenses for businesses and households alike.