Problem-buying an yearly pass


Assignment:

A person wants to find out which is cheaper: buying an yearly pass or a daily pass. The cost of the yearly pass is $70.00 plus $45.00 for parking. The cost of the daily pass is $45.00 plus $15.00/month for parking.

At which point the price would be equal, if at all?

Provide complete and step by step solution for the question and show calculations and use formulas.

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Algebra: Problem-buying an yearly pass
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