Answer:
I used an excel spreadsheet to calculate this:
the least squares regression line:
y = a + bx
y = $2,937 + 3.96x
where y = total cash wash costs and x = rental returns
fixed costs = $2,937 per month
variable cost = $3.96 per car washed
B would be the correct answer i believe
Answer:382.77
Explanation:
Subtract 48% from $26,500, it'll give you $13,780, you then divide by 36 which is the number of months for the lease
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