Choose the Correct Mathematical Model for the Following Statement $C = 30 - 0.58 m$

question 310

Multiple Choice

Choose the correct mathematical model for the following statement. The cost C (in dollars) to rent a truck is the sum of $30 and $0.58 a mile.

• A) \(C = 30 - 0.58 m\)
• B) \(C = 58 + 30 m\)
• C) \(C = 30 + 0.58 m\)
• D) \(C = \frac { 30 } { 0.58 m }\)

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Definitions:

Preferred Stock

A type of stock issued by corporations, which gives holders a right to share in earnings and liquidation before common shareholders do.

Capital Stock

The general term applied to the shares of a corporation.

Preferred Stock

A class of ownership in a corporation that has a higher claim on the assets and earnings than common stock.

Capital Stock

The total amount of shares that a corporation is authorized to issue, as represented in its financial statements.