a company pays employees 55¢ per mile to drive their own cars for business trips. if you drive 176 miles on…

a company pays employees 55¢ per mile to drive their own cars for business trips. if you drive 176 miles on a business trip, how much money should the company pay you? a) $3.20 b) $96.80 c) $320.00 d) $9680.00

a company pays employees 55¢ per mile to drive their own cars for business trips. if you drive 176 miles on a business trip, how much money should the company pay you? a) $3.20 b) $96.80 c) $320.00 d) $9680.00

Answer

Explanation:

Step1: Convert cents to dollars

Since 1 dollar = 100 cents, 55 cents = $\frac{55}{100}=0.55$ dollars.

Step2: Calculate total payment

The payment per - mile is $0.55$ dollars and the number of miles driven is 176. So the total payment is $0.55\times176$. $0.55\times176=(0.5 + 0.05)\times176=0.5\times176+0.05\times176 = 88+8.8=96.8$ dollars.

Answer:

B. $96.80$